Japan Pension Fund GPIF Logs 2.3-T.-Yen Returns in FY 2018

Politics Lifestyle

Tokyo, July 5 (Jiji Press)--Japan's Government Pension Investment Fund said Friday that it logged 2,379.5 billion yen in investment returns in fiscal 2018, which ended in March, securing a profit for the third straight year.

The investment yield stood at 1.52 pct, marking a turnaround from an investment loss as of the end of December last year, the GPIF said.

The improvement chiefly stemmed from a pickup in U.S. and other overseas stock prices toward the end of March.

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