The Government Pension Fund of Japan (GPIF), the world’s largest pension savings management company, recorded investment returns of 5.5%, or 14.45 trillion yen ($94.17bn), in the second quarter of fiscal 2025.
The best returns among the asset classes in which the fund invests were in equities. Shares of Japanese companies brought GPIF yield in July-September at a rate of 11.02%, foreign companies – 9.75%.
Meanwhile, the fund lost 1.36% on investments in Japanese bonds, and earned 2.96% on investments in foreign bonds.
The volume of assets under management of the fund at the end of the fiscal quarter ended 30 September, amounted to 277.6 trillion yen.
At the end of September, 26.3% of GPIF’s assets were in Japanese bonds, 24.2% in foreign bonds, 25.1% in shares of foreign companies, and 24.4% in shares of Japanese firms.