Japan's GPIF posts $84b profit in Q4 as stock market recovers

Japan's GPIF posts $84b profit in Q4 as stock market recovers

Japanese Yen

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, on Friday reported a profit of 9.1 trillion yen ($84.4 billion) in January-March, swinging from a record loss in the prior quarter, thanks to an upturn in stock markets.

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