Lessons GPIF can learn from its record loss
The Japanese pension fund registered its largest ever quarterly investment loss in the final three months of 2018. That should prompt it to consider greater diversification
BY RICHARD MORROW
SUFFERING AN INVESTMENT loss greater than the GDP of Ukraine within three months would be enough to get most investment teams fired.
Pity, then, the Government Pension Investment Fund (GPIF) official tasked with informing Japan’s Ministry of Health,...
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