Finance1 min read

Japan’s GPIF posts $33.3 bln Q2 loss as global bond selloff hits foreign holdings

By · Via Investing.com Markets · Published by Everything Blog

In short

Japan’s Government Pension Investment Fund (GPIF) recorded a $33.3 billion loss in the second quarter. The decline was driven by a global bond selloff that negatively impacted the fund's foreign holdings.

Key points

  • Japan’s Government Pension Investment Fund (GPIF) recorded a $33.3 billion loss in the se…: Japan’s Government Pension Investment Fund (GPIF) recorded a $33.3 billion loss in the second quarter.
  • The decline was driven by a global bond selloff that negatively impacted the fund's forei…: The decline was driven by a global bond selloff that negatively impacted the fund's foreign holdings.
Finance