Nov 30

World’s Largest Pension Fund Suffers $64 Billion Loss After Doubling Down On Stocks

Late last year, Japanese PM Shinzo Abe effectively forced the $1.1 trillion Government Pension Investment Fund to double its domestic equity allocation. With Kuroda providing perpetual Nikkei plunge protection, and with Abenomics set to bring about an economic renaissance, what could possibly go wrong?…

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