Japan’s GPIF unveils fund manager winners and losers
BlackRock, Morgan Stanley, Northern Trust and Sumitomo Trust & Banking all saw big drops in the assets they manage for the $1.46 trillion Government Pension Investment Fund in the last fiscal year.
Japan's Government Pension Investment Fund suffered a 5.31% drop in its assets under management to ¥116.3 trillion ($1.46 trillion) from ¥122.8 trillion in the year to March 31*. This indicates underperformance by some of the asset managers – internal or external – working for the world’s biggest institutional investor.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.