Categories: World

Japan’s GPIF posts 3.54% return

Japan’s state-run government pension investment fund (GBII), the largest pension fund in the world (GBPI), receives 3.54% of its investment in the world’s first ten years.

The GPI managed 149 trillion yen ($ 1.35 trillion), up 5.1 trillion yen in the quarter ending July.

A year ago, GBP recorded a negative 3.88% loss or 5.2 trillion yen loss, due to a tumble in global stocks.

Recent results continue to show the transfer of GPIF to hazardous assets.

In 2014, the GBI made a historic shift by reducing trust in domestic bonds and increasing the risk of risky assets.

Japan’s Nikkei 225 quarter rose by 5.9% in investor confidence, and Japanese companies issue strong revenues.

Emanuel Magrone’s victory in France’s presidential election eased investors’ fears over political turmoil in Europe.

GBP’s Japanese stock market turned 6.59 percent, while its foreign equity sector turned 5.48 percent.

Domestic bond sales, 0.01 percent in the quarter, received negative revenues, and seized 10-year government bonds.

The pension fund said its foreign bonds had weakened to the euro by a quarter to 4.45 percent.

GPIF’s Japanese stock assets contained 24.41% of its assets, while the domestic domestic bond was 30.48%.

Pension funds were allotted to 23.91% foreign shares and 13.53% of foreign securities. The remaining 7.67% was mainly cash.