Japan’s GPIF posts $60 billion investment loss in July-Sept

The Government Investment Pension Fund (GPIF) in Japan reported a significant investment loss of 9.13 trillion yen ($60 billion) in the July to September quarter, mainly due to losses in its equity and foreign bond portfolios. As one of the largest pension funds globally, the GPIF holds total assets valued at 252.9 trillion yen ($1.66 trillion), demonstrating the scale of the impact of the loss on its financial position.

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