GPIF extends losing streak in fiscal Q3

Feb 3, 2023

While domestic stocks provided a ray of light, the US dollar’s slide versus the yen in late 2022 hit the value of foreign assets, newly released data from the Japanese state pension fund shows.

Japan’s Government Pension Investment Fund (GPIF), the world’s largest, posted another quarterly loss, marking four losing quarters - its longest losing streak in two decades.

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