The total decline in fund value reached when accounting for currency movements as the Norwegian krone strengthened.
: Conflict-related market shocks, such as the Iran war, have severely impacted high-multiple growth 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. The total decline in fund value reached when
In March 2026, the deficit for major public pension plans increased by in a single month. Shift in Rankings : such as the Iran war
Faced another quarterly loss in late 2024, its worst in over four years, due to losses in foreign bonds and foreign/domestic stocks.
: Major funds are increasingly sensitive to the performance of a small number of US tech megacaps.
Reported an investment loss of (3.4%) in the January–March 2025 period.