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

Faced another quarterly loss in late 2024, its worst in over four years, due to losses in foreign bonds and foreign/domestic stocks.

Lost approximately (1.9%) in the first quarter of 2026 alone. World’s Largest Pension Fund Lost the Equivalen...

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

The total decline in fund value reached when accounting for currency movements as the Norwegian krone strengthened. : The total decline in fund value reached

: Major funds are increasingly sensitive to the performance of a small number of US tech megacaps.

The fund has since recovered significantly, booking a in the October–December 2025 quarter, despite 1.53 trillion yen in losses on domestic bonds. Wider Industry Impact and Trends Broad Market Declines :