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Japan's GPIF Logs Record 45-T.-Yen Returns in FY 2023

Japan's GPIF Logs Record 45-T.-Yen Returns in FY 2023

   Tokyo, July 5 (Jiji Press)--Japan's Government Pension Investment Fund said Friday it posted record returns of 45,415.3 billion yen in fiscal 2023, thanks to higher stock prices both at home and abroad, and the yen's decline.
   The public pension fund logged an investment profit for the fourth straight year. Assets under its management totaled 245,981.5 billion yen as of the March 31 end of the fiscal year.
   The GPIF's cumulative returns have reached 153,797.6 billion yen since it started financial market investment in fiscal 2001.

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AFP-JIJI PRESS NEWS JOURNAL


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