Posted inAT Financial

Japan’s pension fund suffers worst loss since 2008

Japan’s huge public pension fund, the world’s biggest, said Friday it had suffered its largest annual loss since the global financial crisis, as markets tumbled amid the coronavirus pandemic. The Government Pension Investment Fund (GPIF) said it recorded losses amounting to 8.28 trillion yen ($77 billion) for the fiscal year that ended in March. “Stocks […]

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