The brisk investment performance came as Japanese stock prices rose amid hopes over Prime Minister
The GPIF, which manages employee and national pension reserves, said the investment yield during the fiscal year through
Although pension premiums and benefits are not affected by investment performance, an investment gain is positive for the financial soundness of the nation's pension system.
However, the latest report also showed that the GPIF incurred an investment loss of
Abe's government has asked the GPIF, one of the world's largest institutional investors, to revise its investment portfolio, which is dominated by domestic bonds, as early as this fall. The hope is the GPIF will purchase more risky assets such as stocks to help revitalize the domestic economy.
If the request is materialized, the performance of financial markets will have a greater influence on the pension fund's investment.
By type of assets held by the fund, foreign stocks generated a gain of
The fund has
At the end of March, GPIF's investment portfolio was 55.43 percent in domestic bonds, 16.47 percent in domestic stocks, 15.59 percent in foreign stocks, 11.06 percent in foreign bonds and 1.46 percent in short-term assets.
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