TOKYO -- Japan's Government Pension Investment Fund booked a record gain of 34.31 trillion yen ($232 billion) in 2023, buoyed in large part by a rise in Japanese stock prices.
Stock rally rewards fund's shift toward equities and foreign assets

Japan's Government Pension Investment Fund is believed to be the second largest shareholder for Japanese companies.(Photo by Kotaro Igarashi)
TOKYO -- Japan's Government Pension Investment Fund booked a record gain of 34.31 trillion yen ($232 billion) in 2023, buoyed in large part by a rise in Japanese stock prices.