Pension funds
Pension funds
Korea’s NPS to be in red in 2022 with 5.3% loss in Jan-Oct
Jan 01, 2023 (Gmt+09:00)
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Pension funds
NPS opposes KT CEO Ku's possible second term
South Korea's National Pension Service (NPS) has expressed disagreement with telecom giant KT Corp.'s decision on Dec. 28 to tap its current CEO Ku H...
Dec 29, 2022 (Gmt+09:00)
2 Min read -
Pension funds
NPS will intensify shareholder engagement, new CIO says
Seo Won-joo, the new chief investment officer of the National Pension Service (NPS) of South Korea, said on Dec. 27 that the pension fund will streng...
Dec 27, 2022 (Gmt+09:00)
2 Min read -
Pension funds
NPS fund management taps former GEPS CIO Seo as new chief
National Pension Service (NPS) of South Korea, the world's third-largest pension fund, has tapped Seo Won-joo as the new chief investment officer, ac...
Dec 27, 2022 (Gmt+09:00)
1 Min read -
Pension funds
NPS shortlists 6 candidates for chief investment officer opening
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-Se...
Dec 01, 2022 (Gmt+09:00)
1 Min read -
Pension funds
NPS posts 7% investment loss in Q1-Q3 as equities, bonds plunge
National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwee...
Nov 29, 2022 (Gmt+09:00)
2 Min read -
Pension funds
Korea's NPS to get partial tax refund on US real estate sales
South Korea’s National Pension Service (NPS) is set to receive a tax refund of 30 billion won ($22.4 million) from the US Internal Revenue Serv...
Nov 17, 2022 (Gmt+09:00)
1 Min read -
Pension funds
NPS narrows search for new CIO to two major candidates
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in assets...
Nov 16, 2022 (Gmt+09:00)
2 Min read -
Corporate bonds
Korea's $35 bn plan yet to ease Legoland default woes
South Korea’s $35 billion rescue plan provided a temporary painkiller to the domestic bond markets rattled by Legoland Korea developer’s ...
Oct 25, 2022 (Gmt+09:00)
4 Min read -
Pension funds
Korea's NPS seeks new CIO as Ahn ends term Oct. 18
South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended ...
Oct 19, 2022 (Gmt+09:00)
1 Min read -
Pension funds
Korea may limit NPS power on shareholder derivative suits
South Korea may keep the National Pension Service (NPS), the world’s third-largest such fund, from increasing its power for shareholder derivat...
Sep 07, 2022 (Gmt+09:00)
5 Min read -
Pension funds
CalSTRS, Korea's KTCU consider launching 2nd real estate JV
The Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and the California State Teachers' Retirem...
Sep 07, 2022 (Gmt+09:00)
1 Min read -
Pension funds
NPS' new chairman Kim Tae-hyun to start 3-year term
South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp.,...
Sep 01, 2022 (Gmt+09:00)
1 Min read -
Pension funds
Korea's NPS posts 8% loss from investment in H1 2022
National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management arm announced on Aug...
Aug 30, 2022 (Gmt+09:00)
2 Min read -
Pension funds
Korea's NPS commits to Blackstone's ESG credit platform
The National Pension Service (NPS) of South Korea, has committed capital to Blackstone Credit’s Sustainable Resources Platform to enhance the p...
Aug 25, 2022 (Gmt+09:00)
1 Min read -
Pension funds
Carlyle tops NPS' favorite PE managers as of end-2021
The Carlyle Group was the most preferred fund manager hired by South Korea’s National Pension Service (NPS) as of end-2021, according to NPS&rs...
Aug 16, 2022 (Gmt+09:00)
3 Min read -
Pension funds
Korea's NPS upped alternative investment by 33% in 2021
The National Pension Service (NPS) of South Korea committed 204.4 trillion won ($156.7 billion) to alternative investment as of end-2021, up 32.7% fr...
Aug 12, 2022 (Gmt+09:00)
3 Min read -
Pension funds
NPS sees 14 investment managers resign by end-June
National Pension Service (NPS) of South Korea sees as many as 14 professionals of its investment management arm resign by end-June of this year, acco...
Jul 08, 2022 (Gmt+09:00)
1 Min read -
Pension funds
Korean retirement funds, mutual aids struggle with profitability
Some major retirement funds in South Korea are raising interest rates on their members’ savings accounts in line with global central banks&rsqu...
Jul 07, 2022 (Gmt+09:00)
3 Min read -
Pension funds
Military fund to raise payouts with interest rate increases
South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 40...
Jun 28, 2022 (Gmt+09:00)
1 Min read -
Pension funds
More LPs tap ex-Samsung Life professionals as CIOs
A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutua...
Jun 20, 2022 (Gmt+09:00)
2 Min read -
Pension funds
NPS to slash Korean asset proportion, increase overseas stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, has adjusted its five-year asset allocation plan to enha...
May 27, 2022 (Gmt+09:00)
3 Min read -
Pension funds
GEPS taps Samsung Life's alternative investment head as CIO
Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co.,...
May 27, 2022 (Gmt+09:00)
1 Min read -
Pension funds
Premium OnlyAlternative investment market at inflection point, says Suhyup CIO
Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows. ...
May 24, 2022 (Gmt+09:00)
3 Min read -
Pension funds
NPS, KTCU to invest $390 mn in US major power generator
Some major South Korean institutional investors, including National Pension Service (NPS) and Korean Teachers’ Credit Union (KTCU), are set to...
May 19, 2022 (Gmt+09:00)
2 Min read -
Pension funds
Premium OnlyPOBA targets PE in tech, bio, healthcare in long term, CIO says
Public Officials Benefit Association (POBA) of South Korea will keep its focus on steady cash flow while strengthening profitability, its Chief Inves...
May 09, 2022 (Gmt+09:00)
6 Min read -
Pension funds
NPS hits jackpot with fourth-tallest skyscraper in NYC
New York City boasts the world’s most dazzling skylines and urban night views, attracting a number of global tourists to its observatories.The ...
May 09, 2022 (Gmt+09:00)
3 Min read -
Pension funds
NPS to step back from management of Hanjin KAL
National Pension Service (NPS) of South Korea has decided to shift its objective in holding shares of Hanjin KAL Corp., the parent company of Korean ...
May 01, 2022 (Gmt+09:00)
3 Min read -
Pension funds
NPS’ shareholder meeting vetoes cast pall on its profitability
National Pension Service (NPS) of South Korea, the world's third-largest pension fund with 948.7 trillion won ($768.9 billion) in assets under manag...
Apr 20, 2022 (Gmt+09:00)
2 Min read -
Pension funds
Korea Post to hire two GPs for global infrastructure debt
Korea Post, South Korea's state-run postal service agency, said on April 14 that its insurance arm will select two asset managers for a maximum of ...
Apr 14, 2022 (Gmt+09:00)
2 Min read
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