18th October, 2024
The KRW1.2 trillion (US$875 million) Korea’s National Pension Service (NPS) has paid to external managers for its global equities portfolio over the past three years is not good value for money, according to a lawmaker from the country’s ruling People Power Party, reports The Korea Times.
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30th August, 2024
South Korea’s National Pension Fund (NPS) is set for an overhaul as it struggles to prove it will provide long-term financial security for the country’s ageing population, although it logged a strong performance in H1 2024 with a return of 9.71% led by robust growth in public equity.
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15th July, 2024
One of the world’s biggest public pension funds, South Korea’s National Pension Service (NPS), is boosting external management of its domestic private equity holdings while at the same time clawing back control over its overseas public equity allocations as it makes benchmark-beating returns its priority.
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2nd May, 2024
South Korea’s goliath National Pension Service (NPS) is making its biggest allocation to external managers with its plans to invest US$1.1 billion with South Korea-based general partners (GPs).
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9th April, 2024
Themes in the South Korean general election, taking place on Wednesday, have highlighted the cost of living, represented by the price of green onions which has soared in recent months – but the elephant in the room that the two main political parties have failed to address is the fact that Koreans born after 1990 are unlikely to receive a pension from the National Pension Service (NPS) when they turn 65.
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19th March, 2024
The height of the pandemic saw sovereign investors plunge capital into e-commerce and logistics real estate, but today the biggest focus of their tech investments is artificial intelligence and machine learning – and this month has seen a surge in activity among state-owned investors.
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4th March, 2024
South Korea’s massive US$800 billion National Pension Service (NPS) could be reversing its global diversification push with reports that it will plunge KRW11 trillion (US$8.2 billion) into domestic public equities, after reporting its best ever annual return.
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6th November, 2023
Korea’s US$779 billion National Pension Service (NPS) has cemented its links with its favored US real estate partner Stockbridge Capital Group by buying a significant minority stake in the company, via a separate account investment program administered by Blue Owl, nearly three years after their US$2 billion logistics property deal.
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1st November, 2023
Among S. Korean pension funds, the Public Officials Benefit Association (POBA) is known for having modernized its approach to asset allocation and for having boosted AuM and returns in the past few years. We had the great pleasure of speaking with the engineer of such change as the fund’s CIO between 2016 and 2022, Mr. Dong Hun Jang, about the country’s pension system, the fund’s history, and the changes he pushed for during his tenure.
6th September, 2023
South Korea’s National Pension Service (NPS) notched up a 9.1% return on investment in H1 2023, securing its position as the world’s second biggest public pension fund with assets under management totalling KRW983 trillion (US$742 billion).
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14th July, 2023
With combined assets under management of US$1.45 trillion, South Korea’s state-owned investors – comprised of one sovereign wealth fund and six public pension funds – are major players in global markets, and their evolving strategies are set to have a significant impact on investment flows, with alternative asset classes set to be the main winners.
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7th September, 2022
South Korea’s National Pension Service (NPS) has appointed a new chair as the fund faces a set of challenges amid an increasingly difficult economic outlook.
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