Overseas bonds prop up GPIF's negative Q1 returns
Overseas equities weighed down on the Japanese pension fund’s performance particularly strongly, and efforts to optimise the equities portfolio are underway.
Japan’s Government Pension Investment Fund (GPIF) made a negative return on investments of -1.91% in the first quarter (Q1) of its fiscal year 2022 (FY2022) starting April 1, according to numbers released on August 5.
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