MADRID, 1 Jul. (EUROPA PRESS) –
The Government Pension Investment Fund of Japan (GPIF), the largest pension fund in the world, achieved a return of 5.42% at the end of its fiscal year last March, which is equivalent to a return of 10 0.09 trillion yen (70,930 million euros), according to the entity.
However, between the months of January and March 2022, GPIF’s return was -1.10%, equivalent to a negative result of 2.2 trillion yen (1,547 million euros).
GPIF’s investments in international equities were the largest source of return for the year, with a return of 18.48%, ahead of the 2.12% return achieved on its investments in Japanese listed securities.
On its side, the positions of the Japanese pension fund in foreign fixed income reported a return of 2.29% to the entity, while Japanese bonds registered a negative return of 0.99%.
In the last quarter of its fiscal year, the fund suffered a negative return in its four main investment areas, with a return of -1.54% for its exposure to Japanese bonds and -1.22% for Japanese bonds. foreign debt, while investment in Japanese equities offered a return of -1.22% and exposure to international equities returned -0.55%.
Since 2001, the Japanese pension fund has achieved an average annual return of 3.69%, with a cumulative return of 105.42 trillion yen (741 billion euros).
The value of the fund’s invested assets at the end of the 2020 financial year was 196.59 trillion yen (1.38 trillion euros).