: For funds like the GPIF, a depreciating dollar has historically dragged down the value of overseas securities.
Reported an investment loss of (3.4%) in the January–March 2025 period. World’s Largest Pension Fund Lost the Equivalen...
Lost approximately (1.9%) in the first quarter of 2026 alone. : For funds like the GPIF, a depreciating
In March 2026, the deficit for major public pension plans increased by in a single month. Shift in Rankings : : For funds like the GPIF
The world’s largest pension funds – 2025 - Thinking Ahead Institute
: Conflict-related market shocks, such as the Iran war, have severely impacted high-multiple growth stocks.