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Re: World’s largest pension fund loses $136 billion Things keep getting worse for pensions  

By: Decomposed in POPE 5 | Recommend this post (2)
Fri, 08 Feb 19 4:42 PM | 64 view(s)
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Msg. 23726 of 62138
(This msg. is a reply to 23704 by capt_nemo)

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Nemo:

Re: "ZeroHedge article."
One of the more disappointing articles I've read recently. I wanted to know more about this $136 billion loss, but in the whole piece, all that it has to say on that subject is:

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If you want proof of that, look at what happened in Japan last week, home to the world’s largest pension fund. Its Government Pension Investment Fund lost $136 billion dollars in just 3 months.

No link provided. Also no info on how big the fund is, why it lost money, how unusual such a loss is, who provide the data, who was hurt by the loss, why the paragraph above says "look what happened last week" when the very next sentence says the fund lost this money "in just 3 months," whether the loss was a one time hit or part of an ongoing downtrend, etc. In fact, this piece is a scare piece aimed at retirees and leading up to a solicitation. At its core, the article is just a sales pitch. Here's what they want us to download:
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The above is a reply to the following message:
World’s largest pension fund loses $136 billion Things keep getting worse for pensions
By: capt_nemo
in POPE 5
Fri, 08 Feb 19 10:12 AM
Msg. 23704 of 62138

http://www.zerohedge.com/news/2019-02-07/worlds-largest-pension-fund-loses-136-billion


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