Japan mega-fund GPIF records $72b quarterly return on global equities rally

Japan mega-fund GPIF records $72b quarterly return on global equities rally

Japan by Manuel Consentino on Unsplash

The world’s largest pension fund, Japan’s Government Investment Pension Fund (GPIF), said on Friday it made an investment gain of 10.3 trillion yen ($72.02 billion) in January-March, ending a four-quarter losing streak.