World's largest pension fund loses $165 billion in worst quarter

News24
04 Jul 2020, 20:11 GMT+10

Japan asks US to extradite ex-Green Beret over Ghosn escape

Investments in ESG indices reached a record high of 5.7 trillion yen. The GPIF, a leader in socially responsible investing, has invested in indexes such as the FTSE Blossom Japan, MSCI Japan ESG Select Leaders and MSCI Japan Empowering Women.

During the January-March quarter, the MSCI All-Country World Index of global stocks slumped 22%, the worst since the global financial crisis. Yields on the 10-year US. Treasuries slumped 125 basis points to near record lows during the same period, fueled by unprecedented measures from the US Federal Reserve and intense demand for haven assets.

From April, the GPIF has adjusted its portfolio, setting a general target to keep 25% each in all four asset classes, with the allocation of each assets allowed to deviate by different ranges.

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