GPIF: FY2020, surplus up to 37 trillion yen: Stock price rise due to corona measures
GPIF: The world’s largest institutional investor
Assets under management at the end of March amounted to 186,162.4 billion yen.
In 2001, we started to manage the pension reserve fund in the market.
Cumulative revenue over 20 years was 95,336.3 billion yen.
Operational results in 2020:
On the 2nd, the operation results for 2020 were announced.
With a surplus of 37,798.6 billion yen, the surplus is the largest.
It is the first time in two years that the operational results of the fiscal year have been in the black.
With economic measures of major countries
Large-scale fiscal spending and monetary easing continue,
Domestic and foreign stock prices have risen sharply.
The rate of return was 25.15%, the highest ever.
2020 surplus:
Domestic stocks of 14,698.9 billion yen,
Foreign stocks are 20,665.8 billion yen,
Foreign bonds are 2,673.8 billion yen,
Domestic bonds had a deficit of 239.8 billion yen.
Nihon Keizai Shimbun
https://www.nikkei.com/article/DGXZQOUA025N90S1A700C2000000/
Japan’s GPIF Road the Equity Rally for a Massive Return for FY March 2021
Posted on 07/02/2021
Japan’s Government Pension Investment Fund (GPIF)
revealed a record investment return of 37.7986 trillion yen (US$ 343 billion) for the year ended March 31, 2021.
A while back, GPIF made the move to lower exposure to Japanese government bonds (JGB),
while the Bank of Japan has floated its domestic market by buying Japanese ETFs.
Holdings of Japanese bonds
were at 25.92%, up from a record low of 23.64% in October-December 2020.GPIF’s fiscal period
started when equity markets initially tanked due to the wide-spread COVID-19 outbreak.Annual Returns for FY 2021, March 31
Total: 25.15%
Japanese Bonds: -0.68%
Foreign Bonds: 7.06%
Japanese Stocks: 41.55%
Foreign Stocks: 59.42%GPIF considers itself a universal owner and relies on a passive index-tracking strategy so its returns follow the market.
– SWFI