Japan’s GPIF Reclaims World’s Largest Pension Fund Title
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.
The pension giant also released an annual survey evaluating the stewardship of its external asset managers.
Public and private assets helped the pension fund swing from a loss one year earlier to raise its asset value to $471.5 billion.
The fund’s asset value rose to $254.1 billion, a big improvement from the prior-year period.
The pension giant’s portfolio rose to $452.6 billion, but missed its benchmark by more than 100 basis points.
The March-ending quarter is expected to book a 6.2% decline, but FactSet says analysts think this is the worst.
Common Retirement Fund reports 8.24% loss amid volatile markets, rising inflation and war.
Canadian pension giant’s net assets fall C$16 billion to C$523 billion.
Strong investment gains raise total asset value to C$434.4 billion.