GPIF posts quarterly gains of 3.89%

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JAPAN - The country's Government Pension Investment Fund (GPIF) returned 3.89% in the quarter ending June 30, it's first positive quarter since the same time last year.

The investment return translates to a gain of JPY4.6trn (US$49bn). GPIF, the largest pension fund in the world, reported total assets of JPY121.9trn, up form JPY117.6trn the previous quarter. Th...

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