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Japanese equities save the day for GPIF as fund shifts to bonds in Q2

Shusi He
Recording the worst quarterly investment return since April last year, the world’s largest pension fund was a net seller of equities in the second quarter.
Japanese equities save the day for GPIF as fund shifts to bonds in Q2

Japan’s Government Pension Investment Fund (GPIF) recorded an investment return of just 0.98%  in the second quarter ended September - the worst since last April - in quarterly results that would have been even worse if not for the comeback of Japanese equities.

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