TOKYO (March 3): Japan's Government Pension Investment Fund, the world's largest pension fund, posted a record quarterly gain of US$92 billion thanks to a rally in the country's stock market. Its paper gain totalled 10.5 trillion yen. The fund managed 144.8 trillion yen worth of assets as of December. Of all the pension reserve, which also included 2.5 trillion yen pooled at Japan's health ministry, 23.76% was allocated to Japanese stocks. But such investments accounted for only 0.07% of its total assets in the quarter, versus a target of 5%.

Source: The Edge Markets March 03, 2017 08:26 UTC