Recorded Profit of Over 10 Trillion Yen for GPIF During the Period of April to June in Japan
The Japan's Government Pension Investment Fund (GPIF) has reported impressive profits for the second quarter of 2021, marking the highest recorded since the fund started market investment in fiscal 2001.
According to the latest data, the GPIF's total return from all investments in Q2 2021 was 10,305.1 billion yen. This figure is a combination of returns from domestic and foreign stocks, foreign bonds, and domestic bonds.
Domestic stocks and foreign stocks generally contributed the most to the fund's positive returns, while fixed income (domestic and foreign bonds) had smaller positive or flat returns during that period. The GPIF's total investment in domestic stocks was 4,521.5 billion yen, with a return of 4,521.5 billion yen for the quarter. The fund's total investment in foreign stocks amounted to 4,777.2 billion yen, generating a return of 4,777.2 billion yen for Q2 2021.
However, no return was reported from domestic bond investments, and the GPIF logged a loss of 99.7 billion yen on its holdings of domestic bonds. On the other hand, the total return for the quarter from foreign bond investments was 1,006.4 billion yen.
The profits are attributed to higher returns from domestic and foreign stock investments. Stock prices experienced a temporary slump in Q2 2021 due to concerns over U.S. President Donald Trump's tariff policy. However, these concerns eased later, and stock prices rebounded.
As of the end of June 2021, the GPIF's assets under management stood at a record high of 260,024.3 billion yen. The cumulative profits since fiscal 2001, when the GPIF started market investment, reached 165,736.5 billion yen.
It's important to note that the specific breakdown of Q2 2021 investment returns of the GPIF by asset class, such as domestic stocks, foreign stocks, foreign bonds, and domestic bonds, is not available in the current search results. For precise percentage returns or values by asset class in Q2 2021, the official GPIF quarterly report or website archives from Q2 2021 should be consulted.
The impressive profits reported by the GPIF in Q2 2021 are largely due to higher returns from both domestic and foreign stock investments, as seen in the returns of 4,521.5 billion yen and 4,777.2 billion yen, respectively. Significant financial gains from these investments have had a significant impact on the GPIF's business performance.
