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Japan pension fund holds firm even after 7.9t yen loss

Push into equities sees govt pension fund post its worst quarterly result since at least 2008

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Sumitomo Mitsui says GPIF should be judged on how it meets retirement needs of Japan's greying population in the long term.

Tokyo

JAPAN'S giant pension manager is unrepentant after a push into equities saw the fund post its worst quarterly result since at least 2008.

There's no reason to doubt the 135.1 trillion yen (S$1.55 trillion) Government Pension Investment Fund's (GPIF) investment strategy,

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