GPIF's fiscal 2022 performance beats global peers
Japan's Government Pension Investment Fund, one of the world's largest institutional investors, defends its annual results after a challenging year and stresses the difficulties in managing such a large investment portfolio.
The executive board and management of Japan’s ¥200 trillion ($1.34 trillion) Government Pension Investment Fund (GPIF) have issued a stout defence of the fund’s peformance in fiscal 2022 (12 months ending March 2023).
Announcing its latest annual results on September 28, GPIF used the example of other large funds such as CalPERS in the US and the National Pension Service in Korea to illustrate the challenges faced by global investors.
Eiji Ueda, GPIF
“There i…
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