JAPAN - A high allocation to domestic bonds held back returns at Japan's public pension fund during the last three months of 2009.
The JPY122.5trn (US$1.37 trillion) Government Pension Investment Fund (GPIF), the world's largest investor, said investment income rose 1.47% during the quarter and was up 6.54% from April, the sta...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date