Korean National Pension Fund Returns 6.81%, Hits $600 Billion in AUM
Pension tops 700 trillion won for first time in 31-year history.
Pension tops 700 trillion won for first time in 31-year history.
Mercer report explores key trends in international investor activity, including a reduction in fixed income in favor of equities.
The world’s third-largest pension fund is in jeopardy of being depleted by 2057.
Ahn Hyo-joon, 55, will lead the investment strategy of the world’s third-largest pension fund.
Cho In-Sik departs amid search for permanent successor at No. 3 biggest public pension program.
Samsung investigating internal systems and controls, promises to compensate investors.
Third-largest pension fund has been without permanent CIO since July.
In the aftermath of a scandal, South Korea’s National Pension Service loses CIO Myoun-Wook Kang.