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