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Japan Pension Fund Records World’s Biggest Loss - Business - Nairaland

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Japan Pension Fund Records World’s Biggest Loss by Onyemadonald(op): 5:29pm On Feb 02, 2019
Japan’s public pension fund, the biggest of its kind in the world, said on Friday it lost more than $ 135 billion in a record quarterly loss caused by a global stocks rout.

The Government Pension Investment Fund said its losses in the month of October-December totalled 9.1 per cent, or 14.8 trillion yen ($135.8 billion).

Global shares plunged toward the end of last year, as US politicians moved toward an eventual government shutdown and Washington’s trade war with Beijing intensified, worrying investors.

“During the October-December quarter, due to concerns over uncertain global economic and corporate outlook, global investors’ risk aversion heightened and domestic and international stocks fell sharply, ”fund president Norihiro Takahashi said in a statement.

He added, however, that the fund was a long-term investor and makes on average 2.73 -percent profit a year. The Japanese fund is worth more than 150 trillion yen.

SOURCE: https://www.trendingaccounting.com/2019/02/japan-pension-fund-records-worlds.html

Re: Japan Pension Fund Records World’s Biggest Loss by Okoroawusa: 5:33pm On Feb 02, 2019
Buhari caused it----PDP
Re: Japan Pension Fund Records World’s Biggest Loss by TIGRITIS: 5:51pm On Feb 02, 2019
Japan was better under gej.

Let's vote atiku to get Japan working ~ brainless pigs.
Re: Japan Pension Fund Records World’s Biggest Loss by Nobody: 5:52pm On Feb 02, 2019
A sane country.
Re: Japan Pension Fund Records World’s Biggest Loss by Nobody: 5:52pm On Feb 02, 2019
Lia Mohammad:::;;;; Atiku looted Japan pension funds
Re: Japan Pension Fund Records World’s Biggest Loss by MrTrend(m): 5:52pm On Feb 02, 2019
Again?
Re: Japan Pension Fund Records World’s Biggest Loss by 2undeee(m): 5:52pm On Feb 02, 2019
Buhari
Re: Japan Pension Fund Records World’s Biggest Loss by Youngbbt: 5:52pm On Feb 02, 2019
if it happen in Nigeria pensioners we not be pay for the next 2 year
Re: Japan Pension Fund Records World’s Biggest Loss by AngelicBeing: 5:52pm On Feb 02, 2019
Okoroawusa:
Buhari caused it----PDP
grin

Re: Japan Pension Fund Records World’s Biggest Loss by Caseless: 5:52pm On Feb 02, 2019
cool
Re: Japan Pension Fund Records World’s Biggest Loss by LINTUNE(m): 5:53pm On Feb 02, 2019
grin
Okoroawusa:
Buhari caused it----PDP
Re: Japan Pension Fund Records World’s Biggest Loss by Mmlanrehh(m): 5:53pm On Feb 02, 2019
The government still paid but I my own country... OyO na ur case
Re: Japan Pension Fund Records World’s Biggest Loss by crisycent: 5:54pm On Feb 02, 2019
Okoroawusa:
Buhari caused it----PDP
Be reasonable sometimes.
Re: Japan Pension Fund Records World’s Biggest Loss by BruncleZuma: 5:55pm On Feb 02, 2019
See what happens when individuals like Maina don't exist...you grow.
Re: Japan Pension Fund Records World’s Biggest Loss by yungEX(m): 5:56pm On Feb 02, 2019
In nigeria one man stole pension funds. Coughs* maina
Re: Japan Pension Fund Records World’s Biggest Loss by franchasng:
Japan's Pension Fund is suffering PDP's 16 years of corruption and massive looting - Prof. Yemi Osinbajo lipsrsealed

Re: Japan Pension Fund Records World’s Biggest Loss by Kingsleydr(m): 5:58pm On Feb 02, 2019
Re: Japan Pension Fund Records World’s Biggest Loss by RichDad1(m): 5:59pm On Feb 02, 2019
They will soon blame PMB undecided
Re: Japan Pension Fund Records World’s Biggest Loss by IdreamOfUnicorn(f): 5:59pm On Feb 02, 2019
lipsrsealed
Re: Japan Pension Fund Records World’s Biggest Loss by itiswellandwell: 5:59pm On Feb 02, 2019
Hmm
Re: Japan Pension Fund Records World’s Biggest Loss by martineverest(m): 6:00pm On Feb 02, 2019
buhari IS bringing badluck to Japan..... PDP
Re: Japan Pension Fund Records World’s Biggest Loss by MrSix: 6:02pm On Feb 02, 2019
See the yeye comments above



I sell USA used Laptops
Free delivery within Lagos only and it's pay on delivery
Details in my signature
Re: Japan Pension Fund Records World’s Biggest Loss by helinues: 6:02pm On Feb 02, 2019
Reno Omokri: That's Buhari's effect

FFK - Hold Buhari responsible

Fayose - I said it, when Buhari shaked the Japan prime minister at the last summit, I knew something bad would soon happen to them

Ologbodiyan - Blame Apc and Buhari
Re: Japan Pension Fund Records World’s Biggest Loss by Okoroawusa: 6:02pm On Feb 02, 2019
crisycent:
Be reasonable sometimes.
Na wa o!

Na joke nah!

Na im make u frown face?

Oya,no vex


Atiku caused it---PDP
Re: Japan Pension Fund Records World’s Biggest Loss by theoldpretender(m): 6:02pm On Feb 02, 2019
If only Japan had not voted out GEJ four years ago...
Re: Japan Pension Fund Records World’s Biggest Loss by Stalwert: 6:03pm On Feb 02, 2019
grin grin

Japan not granting amnesty to looters is the primary cause of the loss, Japan PM should enrich his friends to halt further losses - Atiku
Re: Japan Pension Fund Records World’s Biggest Loss by Kingspal: 6:03pm On Feb 02, 2019
Onyemadonald:
Japan’s public pension fund, the biggest of its kind in the world, said on Friday it lost more than $ 135 billion in a record quarterly loss caused by a global stocks rout.

The Government Pension Investment Fund said its losses in the month of October-December totalled 9.1 per cent, or 14.8 trillion yen ($135.8 billion).

Global shares plunged toward the end of last year, as US politicians moved toward an eventual government shutdown and Washington’s trade war with Beijing intensified, worrying investors.

“During the October-December quarter, due to concerns over uncertain global economic and corporate outlook, global investors’ risk aversion heightened and domestic and international stocks fell sharply, ”fund president Norihiro Takahashi said in a statement.

He added, however, that the fund was a long-term investor and makes on average 2.73 -percent profit a year. The Japanese fund is worth more than 150 trillion yen.

SOURCE: https://www.trendingaccounting.com/2019/02/japan-pension-fund-records-worlds.html
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Re: Japan Pension Fund Records World’s Biggest Loss by freemanbubble: 6:03pm On Feb 02, 2019
Okay
1 2 Reply

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