04-07-2025
GPIF Posts $61 Billion Quarterly Loss as Weak Dollar Hits Assets
Japan's Government Pension Investment Fund suffered a quarterly loss as a depreciating dollar dragged down the value of its overseas securities and domestic assets slumped.
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.
