ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan's public pension fund snares record return

Trump-inspired market momentum stirs October-December windfall

TOKYO -- Japan's Government Pension Investment Fund earned its largest-ever quarterly return by far, with a profit of roughly 10 trillion yen ($89.3 billion) on investments in the October-December period.

The massive return for the world's biggest pension fund came as the value of foreign-currency-denominated assets rose, buoyed by stock rallies and a weaker yen triggered by Donald Trump's U.S. presidential election win. The previous record of 7.6 trillion yen was achieved in January-March 2013, when the Japanese stock market was swept up by optimism for Prime Minister Shinzo Abe's economic policy.

Sponsored Content

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

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