Tag: National Pension Service
Korea’s National Pension Fund Rebounds With 13.6% Return in 2023, Grows to $780B
A strong performance from equities spurred a sharp turnaround from the previous year’s 8.2% loss.
Korean Pension Giant Acquires Stake in US Private Equity Real Estate Firm
The $750 billion National Pension Service’s investment provides it with an undisclosed minority interest in San Francisco-based Stockbridge Capital.
South Korean Pension Fund Will Buy US Dollars to Boost Sinking Won
The gambit is designed to help the nation’s currency in a deal engineered by its central bank.
Korean National Pension Fund Loses More Than 8% in 2022
Despite downturn, the $684.5 billion fund’s losses were offset by an increased allocation to alts.
National Pension Service of Korea Wagers Offices, Hotels Will Recover
Korean Pension Giant Weathers COVID-19 Crash During First Half
The $635.5 billion fund was aided by being overweight in fixed income and underweight in equities.
Korean National Pension Fund Returns 6.81%, Hits $600 Billion in AUM
Pension tops 700 trillion won for first time in 31-year history.
Investors Propose Remedy for Korea Discount
Group says Korean equities have ‘chronically underperformed’ for seven years.
South Korea Pension Fund Names New CIO
Ahn Hyo-joon, 55, will lead the investment strategy of the world’s third-largest pension fund.
Acting CIO of South Korean Retirement Plan Leaves
Cho In-Sik departs amid search for permanent successor at No. 3 biggest public pension program.
South Korea’s NPS Ends Samsung Trading After “Fat Finger” Folly
Samsung investigating internal systems and controls, promises to compensate investors.
South Korea Pension Fund Launches CIO Search
Third-largest pension fund has been without permanent CIO since July.
CIO of National Pension Service, Third-Largest Pension Fund, Resigns
In the aftermath of a scandal, South Korea’s National Pension Service loses CIO Myoun-Wook Kang.
Former Korean Minister Found Guilty of Pressuring Pension
Ex-health minister sentenced to 2 ½ years for leaning on national pension to approve controversial Samsung merger.