GPIF Has Worst Loss Since 2020 as Yen Gain Hits Assets Abroad

By Yahoo! Finance | Nov 1, 2024 at 03:18 AM EST

Japan's Government Pension Investment Fund faced its largest quarterly loss since 2020 due to a rebound in the yen, impacting overseas securities and domestic stocks. GPIF saw a 3.6% loss in three months, with only domestic debt showing positive returns.

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