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Japan’s GPIF revamps equity strategy amid uncertain global markets

Having made its first negative quarterly return in two years at the end of FY2021, the world's largest pension fund plans to adapt to a changed investment landscape.
Japan’s GPIF revamps equity strategy amid uncertain global markets

Japan’s Government Pension Investment Fund (GPIF) is responding to the turmoil in the global economy by tweaking its equity investment strategy. The fund posted its first quarterly loss in two years as declines in global stock and bond markets for the three months to the end of March hurt the value of its assets.

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