World’s biggest pension fund posts loss in longest losing streak in two decades

2023-02-03T11:36:06-08:00February 3rd, 2023|Categories: Economy|Tags: , |

By Jenni Reid Source: CNBC Japan’s Government Pension Investment Fund — the world’s largest — reported a fourth consecutive quarterly loss on Friday, taking it to its longest losing streak in 20 years. The world’s largest pension fund saw a 0.97% loss on its investments in the last three months of 2022, equating to 1.85 trillion yen ($14.3 billion). The string of quarterly losses marks the pension fund’s longest stint in the red since it reported four quarters of falls [...]