Browse > Home / Equity Markets, Finance, Fiscal Policy, Politics / Japan’s pension fund lost 5.65 trilion yen in fiscal 2007

Japan’s pension fund lost 5.65 trilion yen in fiscal 2007

July 4, 2008
By Ken Worsley


As a quick follow-up to yesterday’s post on the creation of a sovereign wealth fund and the taking of seed money from Japan’s pension fund, it was announced today that the Government Pension Investment Fund lost 5.65 trillion yen in fiscal 2007. Although estimates had been published before, this is the first time we’ve seen detailed numbers from the government.

As one would expect, the fund made money from its investments in domestic government bonds, but lost about 7.5 trillion yen in equities positions both at home and overseas. This was the largest loss ever incurred by the pension fund, which has been investing full-scale in financial markets since 2001.

Filed Under Equity Markets, Finance, Fiscal Policy, Politics 

Social Bookmarks:
del.icio.us:Japan's pension fund lost 5.65 trilion yen in fiscal 2007 digg:Japan's pension fund lost 5.65 trilion yen in fiscal 2007 newsvine:Japan's pension fund lost 5.65 trilion yen in fiscal 2007 furl:Japan's pension fund lost 5.65 trilion yen in fiscal 2007 reddit:Japan's pension fund lost 5.65 trilion yen in fiscal 2007
Related Posts:
LDP panel proposes soverign wealth fund setup for Japan
Oh, Right: The BOJ Policy Board is in Session
Japan’s foreign reserves fall in April; Should 80% be sold off?
KDDI’s AU Outpacing DoCoMo Again: 3.8 Times More New Subscribers in April
Sovereign Fund Not Happening: ‘Official’ at the G7 Conference

Comments

One Response to “Japan’s pension fund lost 5.65 trilion yen in fiscal 2007”

  1. Bookmarks about 2007 on August 17th, 2008 4:26 pm

    […] - bookmarked by 4 members originally found by SasukeXluversXunite on 2008-07-27 Japan’s pension fund lost 5.65 trilion yen in fiscal 2007 […]

Got something to say?