日本政府養(yǎng)老金投資基金因英國(guó)退歐出現(xiàn)巨虧

The world’s largest pension fund has blamed a $52bn quarterly investment loss on the UK’s surprise Brexit vote in June to leave the European Union.

世界上最大的養(yǎng)老基金把其520億美元的季度投資虧損歸咎于6月份英國(guó)退歐公投出現(xiàn)了意外的結(jié)果。

The massive paper losses suffered by Japan’s Government Pension Investment Fund (GPIF) in the April to June quarter of 2016 almost matched the $50bn losses it recorded in the 2015-16 financial year — its worst year since the global financial crisis.

日本政府養(yǎng)老金投資基金(GPIF)在今年4月至6月這個(gè)季度出現(xiàn)的巨大賬面虧損，幾乎與其在2015-16財(cái)年全年錄得的500億美元虧損相當(dāng)。2015-16財(cái)年是自本次全球金融危機(jī)以來(lái)該基金表現(xiàn)最差的一個(gè)財(cái)年。

The GPIF said that its investment losses for the three months to June 30 were -3.88 per cent — a drop that took the total value of the fund below ¥130tn ($1.3tn).

GPIF表示，在截至6月30日的三個(gè)月里，其投資收益率為-3.88%，基金總價(jià)值因此跌破130萬(wàn)億日元(合1.3萬(wàn)億美元)。

The most recent quarterly slump, which primarily arose from turmoil in domestic and international stock markets, effectively wipes out all the gains that the GPIF has made since it revised its investment strategy in October 2014 to place a heavier weighting on equities.

最近一個(gè)季度的下滑主要源于國(guó)內(nèi)外股市的動(dòng)蕩，它實(shí)際上抹去了GPIF自2014年10月修改投資策略、給予股票更高權(quán)重以來(lái)的全部收益。

Norihiro Takahashi, the GPIF’s president, said In June, he said, two main factors produced especially high market volatility that strengthened the yen and caused stocks to tumble.

GPIF理事長(zhǎng)高橋則廣(Norihiro Takahashi)表示，6月份，兩大因素導(dǎo)致市場(chǎng)出現(xiàn)特別大的波動(dòng)，推高了日元匯率，并造成日本股市大跌。

One of these, he said, was the fact that the result of the British referendum on the EU had been different from market expectations — a shock that saw the yen soar against all major international currencies as investors turned to it as a safe haven.

他說(shuō)，其中一個(gè)因素是英國(guó)退歐公投結(jié)果出乎市場(chǎng)意料——這一意外導(dǎo)致日元相對(duì)所有主要國(guó)際貨幣大幅升值，因?yàn)橥顿Y者紛紛買入日元以求避險(xiǎn)。

The surging yen, whose rate against the dollar is correlated with the Japanese stock market, produced a 7 per cent plunge in the Topix Index on the session immediately after the June 23 referendum results emerged.

日本股市走勢(shì)與日元兌美元匯率走勢(shì)存在關(guān)聯(lián)。日元大漲的結(jié)果是，6月23日的英國(guó)公投結(jié)果出來(lái)后，東證指數(shù)(Topix)在短時(shí)間內(nèi)暴跌了7%。

Mr Takahashi sought to head-off a public backlash over the most recent results, saying in a statement: “Even if market prices fluctuate in the short term, it will not harm the pension beneficiaries…we invest from a long-term viewpoint.”

為了防止公眾對(duì)GPIF最近的業(yè)績(jī)產(chǎn)生強(qiáng)烈不滿，高橋在一份聲明中表示：“即便市場(chǎng)價(jià)格在短期內(nèi)起伏不定，也不會(huì)給養(yǎng)老金受益人帶來(lái)?yè)p害……我們做的是長(zhǎng)線投資。”