The GPIF, which manages public pension reserves, has seen investment performance from July to September this year, with interest rates rising mainly in Europe and the United States, and bond prices and stock prices falling. As a result, we recorded a deficit of 1,722 billion yen.
We have been in the red for three consecutive years.
On the 4th, GPIF announced the performance results for the second quarter of this fiscal year (July to September).
According to this, the investment performance during the period was a deficit of 1,722 billion yen, and the return rate was minus 0.88%, which was the third consecutive year of losses.
Looking at the income by four assets, all are in the red.
The amount of deficit is, in descending order,
764.4 billion yen for foreign bonds, 398.2 billion yen for
domestic bonds , 367.9 billion yen
for domestic stocks, and 191.6 billion yen
for foreign stocks.
Since we started investing in the market in fiscal 2001, we have recorded a profit of 99.9567 trillion yen, an annual rate of return of 3.47%, and total assets under management of 192.968 trillion yen. rice field.
GPIF commented on the deficit in its operations for the current fiscal year, saying, "Amid global inflation, interest rates rose, mainly in Europe and the United States, and bond prices fell. In addition, there was a sense of caution about an economic recession due to monetary tightening. As a result, stock prices have fallen,” he said.