July 30, 2016

Japanese Goverment Pension Fund loses $68 billion

Japanese Goverment Pension Fund loses $68 billion


"Japan's $US1.3 trillion Government Pension Investment Fund lost 3.8 per cent in the year ended March 31, or ¥5.3 trillion ($68 billion), the retirement manager said on Friday in Tokyo. That's the biggest drop since the fiscal year ended March 31, 2009"


Source: 
Japan's Government Pension Investment Fund loses $68 billion over year in stock rout
By Yuko Takeo and Shigeki Nozawa
JULY 29 2016
Bloomberg
http://www.theage.com.au/business/world-business/japans-government-pension-investment-fund-loses-68-billion-over-year-in-stock-rout-20160729-gqh2jm.html



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