The Equivalen... - Worldвђ™s Largest Pension Fund Lost

As of 2025, Norway’s Government Pension Fund Global has overtaken Japan’s GPIF as the world’s largest pension fund by assets after the GPIF held the top spot for over 20 years. :

Faced another quarterly loss in late 2024, its worst in over four years, due to losses in foreign bonds and foreign/domestic stocks. World’s Largest Pension Fund Lost the Equivalen...

: For funds like the GPIF, a depreciating dollar has historically dragged down the value of overseas securities. As of 2025, Norway’s Government Pension Fund Global

The world’s largest pension funds have navigated a period of extreme volatility, with major losses reported across leading institutions due to geopolitical instability and market shifts. Recent Major Losses for Global Pension Leaders : As of 2025

Reported an investment loss of (3.4%) in the January–March 2025 period.