MARKETS_ Japan Fund Took Just Three Months to Make $88 Billion

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MARKETS

Japan Fund Took Just Three Months to Make $88 Billion

Japan’s public pension reserve fund posted its largest quarterly return since 2008

By Kosaku Narioka
March 3, 2017 6:32 a.m. ET T


OKYO—Japan’s $1.3 trillion public pension reserve fund, the world’s largest, posted its biggest quarterly return since 2008, thanks to stock gains world-wide and a weakening yen following the U.S. presidential election.

The Government Pension Investment Fund on Friday reported a ¥10 trillion ($88 billion) gain in the October-December period, a return of 8%. Both the yen-amount gain and the percentage return were the largest since...

READ MORE: https://www.wsj.com/articles/japan-fund-needs-just-three-months-to-make-88-billion-1488540741

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