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

The world’s largest pension funds – 2025 - Thinking Ahead Institute

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

Primary drivers included a sustained market selloff in tech stocks following coordinated strikes between the US, Israel, and Iran in February 2026. :

The world’s top 300 pension funds saw assets fall by the largest amount in 20 years in 2022, a drop of (roughly $20.6 trillion).

Lost approximately (1.9%) in the first quarter of 2026 alone.

: Conflict-related market shocks, such as the Iran war, have severely impacted high-multiple growth stocks.