Japan's GPIF posts Q2 return of $16.5b, boosted by domestic stocks

Japan's GPIF posts Q2 return of $16.5b, boosted by domestic stocks

FILE PHOTO: The sign of Japan's Government Pension Investment Fund (GPIF) is seen after a news conference in Tokyo, Japan, April 1, 2016. REUTERS/Thomas Peter/File Photo

Japan’s Government Pension Investment Fund (GPIF) posted a second-quarter investment return of 1.88 trillion yen ($16.54 billion), fuelled by gains from domestic stocks, it said on Friday.