World’s Biggest Pension Fund Loses $51 Billion

World’s Biggest Pension Fund Loses $51 Billion

The world’s biggest pension fund posted the worse annual performance since global financial crisis with losses extended by unfavourable currency and a foray into equity markets.

“Japan $1.3 trillion Government Pension Investment Fund lost 3.8% in the year ended 31st March or 5.3 trillion yen ($51 billion).”

~ Bloomberg

Japan $1.3 trillion Government Pension Investment Fund lost 3.8% in the year ended 31st March or 5.3 trillion yen ($51 billion). This is the biggest drop since the fiscal year ended 31st March 2009. It lost 10.8% on domestic equities and a 9.6% on shares in other markets while Japanese bonds handed the fund a 4.1% gain.

Related Reports: Bloomberg, Business Times

 

About Government Pension Investment Fund

The pension fund for Japanese public sector employees. The GPIF pension fund is the largest in the world, with approximately $1.3 trillion (122 trillion yen) in assets under management as of 2009. The GPIF contributes to the stability of the Employee’s Pension Insurance and National Pension programs.

Visit: GPIF


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

Get The Wealth Insider Daily

  • For Press Release,  please contact press@thewealthinsider.com
  • For Media-related enquiries, please contact media@thewealthinsider.com
  • For Advertisement, please contact our official ad agency

World Biggest Pension Fund Lost $43 Billion Last Quarter

World Biggest Pension Fund Lost $43 Billion Last Quarter

Japan’s Government Pension Investment Fund (GPIF) will probably post a 4.4 trillion yen ($43 billion) loss in the April-June quarter, according to calculations by Yohei Iwao, executive director of the institutional equities division at Morgan Stanley MUFG Securities Co.

“Japan’s Government Pension Investment Fund (GPIF) will probably post a 4.4 trillion yen ($43 billion) loss in the April-June quarter.”

~Yohei Iwao, Executive Director of Institutional Equities Division at Morgan Stanley MUFG Securities Co.

GPIF has been hurt after global stock routs in mid-2015 and early this year wiped off about $7.4 trillion in the past 12 months. Japan’s Topix index has also tumbled 19 percent in 2016 to be the second-worst performing developed stock market as the yen strengthened, reducing returns from overseas holdings. The fund’s assets under management probably fell to 133 trillion yen, Iwao estimates, from about 140 trillion yen at the end of December when it last reported results.

Related Reports: Bloomberg, CNBC

 

About Japan’s Government Pension Investment Fund

The pension fund for Japanese public sector employees. The GPIF pension fund is the largest in the world, with approximately $1.3 trillion (122 trillion yen) in assets under management as of 2009. The GPIF contributes to the stability of the Employee’s Pension Insurance and National Pension programs.

Visit: Government Pension Investment Fund


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

Get The Wealth Insider Daily

  • For Press Release,  please contact press@thewealthinsider.com
  • For Media-related enquiries, please contact media@thewealthinsider.com
  • For Advertisement, please contact our official ad agency