TOKYO, July 7 Reuters Japan39;s Government Investment Pension Fund GPIF said on Friday it made an investment gain of 10.3 trillion yen 71.81 billion in JanuaryMarch, ending a fourquarter losing streak.

The world39;s largest pension fund gained 5.41 for the quarter, raising its total assets above 200 trillion yen, it said in its 2022 annual report.

Robust gains in domestic and international equity markets from January to March pushed the fund39;s annual return into the black to hit 2.95 trillion yen 20.57 billion, despite losses in the first three quarters of 2022.

The fund is closely watched by global financial markets because of its enormous size.

GPIF39;s foreign stock portfolio posted a gain of 8.19, while its Japanese stock portfolio gained 7.03.

Its Japanese bond portfolio grew 2.12, while its foreign bond portfolio gained 4.33.

As of endMarch, Japanese bonds accounted for 26.79 of its portfolio and foreign bonds accounted for 24.39. Foreign equities accounted for 24.32 and domestic equities 24.49.

1 143.4400 yen

Reporting by Anton Bridge Editing by Shri Navaratnam and Kim Coghill

Source Reuters