Tense situation regarding retirement funds: record amounts have been accumulated, but not all countries have benefited.
The global pension fund assets grew faster in 2025 compared to the previous year, mainly due to the strengthening of stock markets. However, according to OECD data, portfolios with high bond allocations and dollar exposure performed weaker. Different asset classes produced different returns, with equity exposure generating significant gains for investors, while bonds often hindered progress.
The global pension fund assets grew at a faster rate in 2025 compared to the previous year, mainly due to the strengthening of stock markets, while portfolios with high bond holdings performed weaker, according to OECD data. Different asset classes, however, yielded very differently, with stock exposure significantly rewarding investors, while bonds held in portfolios often acted as a brake.
