Muted return for Japan's public pension fund

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JAPAN - A high allocation to domestic bonds held back returns at Japan's public pension fund during the last three months of 2009.

The JPY122.5trn (US$1.37 trillion) Government Pension Investment Fund (GPIF), the world's largest investor, said investment income rose 1.47% during the quarter and was up 6.54% from April, the sta...

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