The Japanese government pension fund revealed a record gain of 18.98 trillion yen equivalent to 133 billion dollars
This came during the second quarter of this year, thanks to the good performance of the local stock market and global bonds.
The value of the assets of the state pension funds investment fund increased 9.5% during the second quarter to reach 219.17 trillion yen.
The data indicated that Japanese domestic stocks were the best performers among the fund’s investments.
Its quarterly gain was 14.4% as the Japanese market boomed, supported by indicators of stable inflation.
The value of the fund’s foreign stocks rose 15.4%, while the value of foreign bonds rose 8.1% and Japanese bonds rose 0.4% during the second quarter.
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