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Norway’s GPFG keeps most transparent pension fund title with perfect score

Reported by Top1000funds
May 17, 2026· 2 min read
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Key Takeaways
  • • Norway's Government Pension Fund Global (GPFG) keeps the top spot in the Global Pension Transparency Benchmark with a perfect score, according to Top1000funds.com.
  • • Canada ranks first among countries for the fourth consecutive year in the 2024 results, and all five Canadian funds in the benchmark rank in the global top 11.
  • • The 2023 benchmark saw GPFG take the top position, beating last year's winner CPP Investments by one point.
  • • Norges Bank Investment Management CEO Nicolai Tangen treats transparency as a strategic initiative and says he aims to make Norges the best fund in the world.
Summary
Norway's Government Pension Fund Global has kept its position as the most transparent pension fund in the Global Pension Transparency Benchmark, earning a perfect score, according to Top1000funds.com. The sovereign wealth fund was previously reported to have topped the 2023 benchmark, edging out CPP Investments by a single point.

The benchmark also produced strong results for Canada. According to the 2024 results, Canada ranks first in the country rankings for the fourth year running, and each of the five Canadian funds included in the benchmark places in the top 11 globally.

In an interview with Top1000funds.com, Norges Bank Investment Management CEO Nicolai Tangen explained that transparency is a strategic priority for the fund. He said that under his leadership, Norges aims to be the best fund in the world. The source material for this story is limited, so the full methodology and scoring details of the benchmark are not covered here.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Top1000funds Norway’s GPFG keeps most transparent pension fund title with perfect score