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Japan public pension fund earns 5.4 t. yen in Oct.-Dec.

  • February 4, 2022
  • , Jiji Press , 8:03 p.m.
  • English Press

Tokyo, Feb. 4 (Jiji Press)–Japan’s Government Pension Investment Fund said Friday its investment returns stood at 5,437.2 billion yen, or 2.81 pct, in October-December last year, marking the seventh straight quarter of profit.

 

The result reflected rises in stock prices overseas amid hopes for economic recovery on progress in novel coronavirus vaccine rollout.

 

The GPIF posted 5,045.6 billion yen in profit on foreign shares and 1,207.2 billion yen on foreign bonds.

 

But its investments in domestic stocks and bonds were in the red by 808.1 billion yen and 7.5 billion yen, respectively.

 

Returns since the fund started investing in financial markets in fiscal 2001 totaled a record 107,631.9 billion yen.

 

Assets under its management also rewrote an all-time high at 199,251.8 billion yen as of Dec. 31.

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