GPIF Posts $61 Billion Quarterly Loss as Weak Dollar Hits Assets
GPIF, one of the world's largest state pension funds, lost ¥8.815 trillion ($61.1 billion) in the January-March period, with assets totaling ¥249.8 trillion, it said in Tokyo Friday. The loss came close to its loss of ¥9.128 trillion in the July-September quarter.
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