News from the massive Japanese pension fund

  • Lost 7.4% on Japanese stocks, -7.8% on foreign equities

  • Domestic bonds returns +1.9%, foreign debt -8.0%

  • Japanese bonds made up 39% of assets, overseas debt 13%, Japanese stocks 21%, overseas 21.0%

  • Had total of ¥129.7tn in assets

The GPIF look to hold an allocation of around 25% for Japanese and foreign stocks, 35% for Japanese bonds and 15% for foreign bonds, so their a little short on most and over on Jap bonds at the moment.