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World's biggest pension fund loses $52 billion in stock rout

August 29, 2016

By Yuko Takeo, includes "... Japan's Government Pension Investment Fund lost 3.9 percent, or 5.2 trillion yen ($52 billion), in the three months ended June 30 ... "Since its investments are tied to market moves, it's natural that this would happen and there's no point looking at it with a short-term view," said Ayako Sera, a Tokyo-based market strategist at the bank. ..."

Read the full article on: Bloomberg

 
 
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