Japan Pension Whale’s $52 Billion Loss Tied to Passive Ways

  • GPIF posts worst annual results since global financial crisis
  • Only about 20% of fund’s investments are actively managed

Japan Pension Whale's $52B Loss

Friday was a big day for the world’s largest pension fund, which posted its worst annual loss since the financial crisis and disclosed individual equity holdings for the first time. The two may be connected.

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