Japan Government Pension Investment Fund (GPIF) with $1.8 Trillion AUM Reports +16.47% Return for 2025 1H & +4.67% Return Since 2001, GPIF Portfolio Performance in 2025: Japan Bonds -5.11%, Foreign Bonds +12.33%, Japan Equities +34.62%, Foreign Equities +27.16%, Portfolio Allocation: Bonds 51.39% & Equities 48.61%, Portfolio Allocation by Region: Japan Bonds 26.91%, Foreign Bonds 24.48%, Japan Equities 23.81%, Foreign Equities +24.80%
8th July 2026 | Hong Kong
Japan Government Pension Investment Fund (GPIF) with $1.8 trillion AUM has reported +16.47% return for 2025, and +4.67% return since 2001. GPIF Portfolio Performance in 2025: Japan Bonds -5.11%, Foreign Bonds +12.33%, Japan Equities +34.62%, Foreign Equities +27.16%. Portfolio Allocation: Bonds 51.39% & Equities 48.61%. Portfolio Allocation by Region: Japan Bonds 26.91%, Foreign Bonds 24.48%, Japan Equities 23.81%, Foreign Equities +24.80%. In 2025 November, Japan Government Pension Investment Fund (GPIF) with $1.8 trillion AUM reported +9.83% net return for 2025 1st half, and +4.51% return since 2001. GPIF Portfolio Performance YTD (2025 June): Japan Bonds -1.36%, Foreign Bonds +2.96%, Japan Equities +11.02%, Foreign Equities +9.75%, Portfolio Allocation: Bonds 50.45% & Equities 49.55%, Portfolio Allocation by Region: Japan Bonds 26.29%, Foreign Bonds 24.16%, Japan Equities 24.45%, Foreign Equities +25.10%. In 2025 August, Japan Government Pension Investment Fund (GPIF) with $1.76 trillion AUM reported +4.09% net return for 2025 Q1, and +4.33% return since 2001. GPIF Portfolio Performance: Japan Bonds -0.19%, Foreign Bonds +1.56%, Japan Equities +7.48%, Foreign Equities +7.44%. Portfolio Allocation: Bonds 50.5% & Equities 49.5%. Portfolio Allocation by Region: Japan Bonds 26.13%, Foreign Bonds 24.37%, Japan Equities 24.28%, Foreign Equities +25.22%. In 2025 July, Japan Government Pension Investment Fund (GPIF) with $1.72 trillion AUM has reported +0.71% return for 2024, and +4.2% return since 2001. GPIF Portfolio Performance: Japan Bonds -4.47%, Foreign Bonds +1.7%, Japan Equities -1.46%, Foreign Equities +6.62%. GPIF Portfolio Allocation: Japan Bonds 27.6%, Foreign Bonds 24.3%, Japan Equities 23.9%, Foreign Equities +24.05%. In 2024 December, Japan Government Pension Investment Fund (GPIF) with $1.5 trillion AUM set a new annual investment return target of 1.9% from current 1.7% target for the next 5 years. In 2024 July, Japan Government Pension Investment Fund (GPIF) reported $1.52 trillion AUM and +22.64% return for 2023/2024 fiscal year ending 2024 March. Government Pension Investment Fund (GPIF) Portfolio – Japan equity allocation is 24.33%, Global ex-Japan equity allocation is 24.86%, and total equity allocation is 49.19%.
“ Japan Government Pension Investment Fund (GPIF) with $1.8 Trillion AUM Reports +16.47% Return for 2025 1H & +4.67% Return Since 2001, GPIF Portfolio Performance in 2025: Japan Bonds -5.11%, Foreign Bonds +12.33%, Japan Equities +34.62%, Foreign Equities +27.16%, Portfolio Allocation: Bonds 51.39% & Equities 48.61%, Portfolio Allocation by Region: Japan Bonds 26.91%, Foreign Bonds 24.48%, Japan Equities 23.81%, Foreign Equities +24.80% “
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Japan Government Pension Investment Fund (GPIF) with $1.8 Trillion AUM Reports +9.83% Net Return for 2025 1H & +4.51% Return Since 2001, GPIF Portfolio Performance YTD (2025 June): Japan Bonds -1.36%, Foreign Bonds +2.96%, Japan Equities +11.02%, Foreign Equities +9.75%, Portfolio Allocation: Bonds 50.45% & Equities 49.55%, Portfolio Allocation by Region: Japan Bonds 26.29%, Foreign Bonds 24.16%, Japan Equities 24.45%, Foreign Equities +25.10%
11th November – Japan Government Pension Investment Fund (GPIF) with $1.8 trillion AUM has reported +9.83% net return for 2025 1st half, and +4.51% return since 2001. GPIF Portfolio Performance YTD (2025 June): Japan Bonds -1.36%, Foreign Bonds +2.96%, Japan Equities +11.02%, Foreign Equities +9.75%, Portfolio Allocation: Bonds 50.45% & Equities 49.55%, Portfolio Allocation by Region: Japan Bonds 26.29%, Foreign Bonds 24.16%, Japan Equities 24.45%, Foreign Equities +25.10%. In 2025 August, Japan Government Pension Investment Fund (GPIF) with $1.76 trillion AUM reported +4.09% net return for 2025 Q1, and +4.33% return since 2001. GPIF Portfolio Performance: Japan Bonds -0.19%, Foreign Bonds +1.56%, Japan Equities +7.48%, Foreign Equities +7.44%. Portfolio Allocation: Bonds 50.5% & Equities 49.5%. Portfolio Allocation by Region: Japan Bonds 26.13%, Foreign Bonds 24.37%, Japan Equities 24.28%, Foreign Equities +25.22%. In 2025 July, Japan Government Pension Investment Fund (GPIF) with $1.72 trillion AUM has reported +0.71% return for 2024, and +4.2% return since 2001. GPIF Portfolio Performance: Japan Bonds -4.47%, Foreign Bonds +1.7%, Japan Equities -1.46%, Foreign Equities +6.62%. GPIF Portfolio Allocation: Japan Bonds 27.6%, Foreign Bonds 24.3%, Japan Equities 23.9%, Foreign Equities +24.05%. GPIF Statement (4/7/25): “GPIF manages pension reserve fund with a long-term perspective. While short-term portfolio returns are influenced by the current market trends, investment results should be monitored with a long-term horizon. Regarding investment of pension reserves, while market fluctuations may cause capital losses (realized and unrealized losses due to price fluctuations) in the short term, investment income (interest and dividend income) is relatively im- mune to such volatility and has been generated steadily since fiscal 2001.” In 2024 December, Japan Government Pension Investment Fund (GPIF) with $1.5 trillion AUM set a new annual investment return target of 1.9% from current 1.7% target for the next 5 years. In 2024 July, Japan Government Pension Investment Fund (GPIF) reported $1.52 trillion AUM and +22.64% return for 2023/2024 fiscal year ending 2024 March. Government Pension Investment Fund (GPIF) Portfolio – Japan equity allocation is 24.33%, Global ex-Japan equity allocation is 24.86%, and total equity allocation is 49.19%.
Japan Government Pension Investment Fund (GPIF) with $1.76 Trillion AUM Reports +4.09% Net Return for 2025 Q1 & +4.33% Return Since 2001, GPIF Portfolio Performance: Japan Bonds -0.19%, Foreign Bonds +1.56%, Japan Equities +7.48%, Foreign Equities +7.44%, Portfolio Allocation: Bonds 50.5% & Equities 49.5%, Portfolio Allocation by Region: Japan Bonds 26.13%, Foreign Bonds 24.37%, Japan Equities 24.28%, Foreign Equities +25.22%
5th August – Japan Government Pension Investment Fund (GPIF) with $1.76 trillion AUM has reported +4.09% net return for 2025 Q1, and +4.33% return since 2001. GPIF Portfolio Performance: Japan Bonds -0.19%, Foreign Bonds +1.56%, Japan Equities +7.48%, Foreign Equities +7.44%. Portfolio Allocation: Bonds 50.5% & Equities 49.5%. Portfolio Allocation by Region: Japan Bonds 26.13%, Foreign Bonds 24.37%, Japan Equities 24.28%, Foreign Equities +25.22%. In 2025 July, Japan Government Pension Investment Fund (GPIF) with $1.72 trillion AUM has reported +0.71% return for 2024, and +4.2% return since 2001. GPIF Portfolio Performance: Japan Bonds -4.47%, Foreign Bonds +1.7%, Japan Equities -1.46%, Foreign Equities +6.62%. GPIF Portfolio Allocation: Japan Bonds 27.6%, Foreign Bonds 24.3%, Japan Equities 23.9%, Foreign Equities +24.05%. GPIF Statement (4/7/25): “GPIF manages pension reserve fund with a long-term perspective. While short-term portfolio returns are influenced by the current market trends, investment results should be monitored with a long-term horizon. Regarding investment of pension reserves, while market fluctuations may cause capital losses (realized and unrealized losses due to price fluctuations) in the short term, investment income (interest and dividend income) is relatively im- mune to such volatility and has been generated steadily since fiscal 2001.” In 2024 December, Japan Government Pension Investment Fund (GPIF) with $1.5 trillion AUM set a new annual investment return target of 1.9% from current 1.7% target for the next 5 years. In 2024 July, Japan Government Pension Investment Fund (GPIF) reported $1.52 trillion AUM and +22.64% return for 2023/2024 fiscal year ending 2024 March. Government Pension Investment Fund (GPIF) Portfolio – Japan equity allocation is 24.33%, Global ex-Japan equity allocation is 24.86%, and total equity allocation is 49.19%.
Japan Government Pension Investment Fund (GPIF) with $1.72 Trillion AUM Reports +0.71% Return for 2024 & +4.2% Return Since 2001, Portfolio Performance: Japan Bonds -4.47%, Foreign Bonds +1.7%, Japan Equities -1.46%, Foreign Equities +6.62%, Portfolio Allocation: Japan Bonds 27.6%, Foreign Bonds 24.3%, Japan Equities 23.9%, Foreign Equities +24.05%
6th July – Japan Government Pension Investment Fund (GPIF) with $1.72 trillion AUM has reported +0.71% return for 2024, and +4.2% return since 2001. GPIF Portfolio Performance: Japan Bonds -4.47%, Foreign Bonds +1.7%, Japan Equities -1.46%, Foreign Equities +6.62%. GPIF Portfolio Allocation: Japan Bonds 27.6%, Foreign Bonds 24.3%, Japan Equities 23.9%, Foreign Equities +24.05%. GPIF Statement (4/7/25): “GPIF manages pension reserve fund with a long-term perspective. While short-term portfolio returns are influenced by the current market trends, investment results should be monitored with a long-term horizon. Regarding investment of pension reserves, while market fluctuations may cause capital losses (realized and unrealized losses due to price fluctuations) in the short term, investment income (interest and dividend income) is relatively im- mune to such volatility and has been generated steadily since fiscal 2001.” In 2024 December, Japan Government Pension Investment Fund (GPIF) with $1.5 trillion AUM set a new annual investment return target of 1.9% from current 1.7% target for the next 5 years. In 2024 July, Japan Government Pension Investment Fund (GPIF) reported $1.52 trillion AUM and +22.64% return for 2023/2024 fiscal year ending 2024 March. Government Pension Investment Fund (GPIF) Portfolio – Japan equity allocation is 24.33%, Global ex-Japan equity allocation is 24.86%, and total equity allocation is 49.19%.
$1.5 Trillion Japan Government Pension Investment Fund (GPIF) Sets New Annual Investment Return Target of 1.9% from Current 1.7% for Next 5 Years, Reported +22.64% Return for 2023/2024 Fiscal Year Ending 2024 March, Japan Equity Allocation 24.33%, Global ex-Japan Equity Allocation 24.86%, Total Equity Allocation is 49.19%
11th December 2024 – Japan Government Pension Investment Fund (GPIF) with $1.5 trillion AUM is setting a new annual investment return target of 1.9% from current 1.7% target for the next 5 years. In 2024 July, Japan Government Pension Investment Fund (GPIF) has reported $1.52 trillion AUM and +22.64% return for 2023/2024 fiscal year ending 2024 March. Government Pension Investment Fund (GPIF) Portfolio – Japan equity allocation is 24.33%, Global ex-Japan equity allocation is 24.86%, and total equity allocation is 49.19%.
Japan Government Pension Investment Fund (GPIF) Reports $1.52 Trillion AUM & +22.64% Return for 2023/2024 Fiscal Year Ending 2024 March, Japan Equity Allocation 24.33%, Global ex-Japan Equity Allocation 24.86%, Total Equity Allocation is 49.19%
10th July 2024 – Japan Government Pension Investment Fund (GPIF) has reported $1.52 trillion AUM and +22.64% return for 2023/2024 fiscal year ending 2024 March. Government Pension Investment Fund (GPIF) Portfolio – Japan equity allocation is 24.33%, Global ex-Japan equity allocation is 24.86%, and total equity allocation is 49.19%.
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