Japan’s GPIF Suffers First Loss in Six Quarters as Bonds Slump
Japan’s Government Pension Investment Fund posted a loss of 1.7% in the three months through September, its first quarterly loss in six quarters, hit by a slump in global bond...
By Hideyuki Sano and Nao Sano · Bloomberg Markets
Japan’s Government Pension Investment Fund posted a loss of 1.7% in the three months through September, its first quarterly loss in six quarters, hit by a slump in global bond prices and gains in the yen.