World’s Biggest Pension Fund Loses $51 Billion in Stock Rout
- GPIF posts 3.8% investment loss for fiscal year ended March
- GPIF should debate whether to seek new investments: Amundi
This article is for subscribers only.
The world’s biggest pension fund posted the worst annual performance since the global financial crisis, with losses exacerbated by unfavorable currency moves and a foray into equity markets.