Japan pension whale GPIF reaps record $150bn in mainly AI-driven gains

FinanceFund snags 8.2% return on mix of domestic and international stocks and bondsThe Government Pension Investment Fund's assets under management stood at 317.76 trillion yen in June, surpassing 300 trillion yen for the first time. (Photo by Jumpei Kinefuchi)AKIRA INUJIMAAugust 8, 2026 01:15 JSTTOKYO -- Japan's massive public pension manager posted a quarterly record 24.09 trillion yen ($153 billion) in gains for the three months through June, boosted by surging stocks that were driven by AI investment.