Faced another quarterly loss in late 2024, its worst in over four years, due to losses in foreign bonds and foreign/domestic stocks.
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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
Reported an investment loss of (3.4%) in the January–March 2025 period. its worst in over four years
Primary drivers included a sustained market selloff in tech stocks following coordinated strikes between the US, Israel, and Iran in February 2026. :