TOKYO -- Japan's Government Pension Investment Fund posted an investment gain for the second straight quarter in October-December, possibly marking its best three-month period on record on soaring stocks and the weak yen since the U.S. presidential election.
Masahiro Nishikawa, chief fiscal policy analyst at Nomura Securities, estimates the figure at over 10 trillion yen ($87.1 billion), with 4 trillion yen coming from Japanese stocks and 5.2 trillion yen from foreign shares.