Japan's Pension Whale Stands by Stocks After $64 Billion Loss

Updated on
  • GPIF lost 5.6% last quarter as stocks slid on China surprise
  • Fund has hedged some assets against euro drop, WSJ reports

World's Biggest Pension Fund Posts $64B 2Q Loss

Japan’s giant pension manager is unrepentant after a push into equities saw the fund post its worst quarterly result since at least 2008.

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