TOKYO -- Japan's Government Pension Investment Fund, one of the world's largest institutional investors, said on Friday that its profit in the first quarter ended in June hit a record high of 18.98 trillion yen ($133 billion), buoyed by sound performance in stock investment.
Markets
Japan pension giant GPIF hits record profit of $133bn
Highest-ever quarterly surplus fueled by bullish stocks and cheap yen
One of the world's largest institutional investors, Japan's Government Pension Investment Fund, logged a record high profit of $133 billion for April-June quarter.
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