ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Japan pension 'whale' GPIF suffers longest losing streak since 2009

Fed rate hikes roil markets, sending fund to 3rd straight quarter of losses

Japan's largest public pension fund has been rocked by market volatility this year.

TOKYO -- Japan's Government Pension Investment Fund, one of the world's largest institutional investors, posted its third consecutive quarterly loss Friday to mark its longest slump since the global financial crisis.

The GPIF reported an investment loss of 1.72 trillion yen ($11.6 billion) for the second financial quarter ended September, finishing with about 193 trillion yen in assets under management.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more