Seoul to back AI computing, solid state batteries first with National Growth Fund

South Korea has picked seven projects from AI computing to all-solid-state batteries as the first recipients of capital from its 150 trillion won ($...

Krafton, Naver and Mirae Asset to launch up to $740 million Asia tech fund in India push

Krafton Inc., South Korea’s leading game developer, said on Friday it will join forces with Naver Corp., the country’s dominant internet...

Korea Post seeks offshore real estate secondary funds for $150 mn mandate

Korea Post is seeking one or two offshore real estate secondary fund managers for a commitment of up to $150 million, or €150 million in total....

South Korean biotech firms poised for gains from US BIOSECURE Act

Expectations are growing that South Korean biotechnology companies, particularly drug contract manufacturers, will see increased orders as a sweepin...

GEPS seeks brokerage firms for global equities, bonds trading in H1, 2026

South Korea’s Government Employees Pension Service (GEPS) is seeking brokerage firms to handle overseas asset trading for the first half of 20...

NPS extends strategic currency hedging to end-2026, adds flexibility to stabilize won

The National Pension Service (NPS), South Korea’s state-run pension fund and largest institutional investor, has decided to extend its strateg...

NPS presses ahead with transfer of IGIS Asset’s asset mandate

South Korea’s state-run pension fund, the National Pension Service (NPS), is moving forward with plans to shift several billion dollars in rea...

South Korea names former lawmaker Kim Sung-joo to lead NPS

South Korea has appointed Kim Sung-joo, a former lawmaker from the ruling Democratic Party and a longtime health policy specialist, as chairman and ...

Heungkuk Life Insurance files complaint with police over IGIS sale process

Heungkuk Life Insurance Co. has filed a complaint against senior figures involved in the planned sale of IGIS Asset Management Co., the country&rsqu...

Seoul fires starting gun on $102 bn fund with demand already outpacing supply

South Korea officially launched its 150 trillion won ($102 billion) sovereign-backed investment vehicle on Thursday, revealing that initial funding ...

South Korea plans domestic asset-backed wealth fund modeled on Temasek

South Korea plans to create a sovereign wealth fund that would invest in state-owned assets, valued at around 1,300 trillion won ($900 billion), mod...

Korean pension fund NPS weighs role in naming financial firms’ directors as regulator pushes governance overhaul

South Korea’s financial watchdog is set to prod the state-run pension fund, the National Pension Service (NPS), to make active use of its shar...

NPS to pull all IGIS Asset-committed funds, throwing sale process into disarray

South Korea’s state-run pension fund, the National Pension Service (NPS), has moved to withdraw all of its money committed to IGIS Asset Manag...

Seoul taps Mirae Asset's Park, Celltrion's Seo to co-lead $102 bn National Growth Fund

South Korea has asked two of its most prominent billionaire entrepreneurs – Mirae Asset Group Chairman Park Hyeon-joo and Celltrion founder Se...

Offshore investors boost appetite for Korean real estate; Singapore funds at forefront

A softening won and lower interest rates are raising foreign appetite for South Korean commercial real estate, with Singaporean heavyweights  -...

CPPIB, Morgan Stanley, M&G, GIC, others move to pull back from Korea’s rental housing sector

Global institutional investors and asset managers are moving to withdraw from South Korea’s rental housing sector, raising fears that the coun...

Policymakers explore ways to trigger NPS’ FX hedging as won slides to fresh 7-month low

South Korea has convened a four-party consultation body involving the National Pension Service (NPS), the nation’s largest institutional inves...

NPS says FX hedging a tool for higher returns, not policy lever as authorities struggle with slumping won

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has been pull...

Korean securities firms' IMA rollout to unlock additional $14 bn in risk capital by 2028

South Korea’s push to expand retail access to investment banking products, particularly through investment management accounts (IMAs) and shor...

South Korea scores rare complete win as ICSID overturns Lone Star award

South Korea has secured a sweeping victory in its decades-long dispute with Lone Star Funds after an international tribunal annulled a 2022 ruling t...

Mirae Asset, Korea Investment win S.Korea’s 1st IMA licenses

South Korea has approved two of its largest securities houses as the country’s first operators of a new investment-banking product designed to...

Global funds pare back Korean holdings as Kospi enters uncharted territory

Global investment firms have pared back holdings in top-performing Korean stocks, including APR Co. and Korea Aerospace Industries Ltd., after their...

Kospi rally leaves little room for NPS to buy more domestic stocks

The record-setting rally in South Korean stocks has nearly closed the window for the National Pension Service (NPS) to buy additional domestic share...

NPS seeks 30 fund management professionals across equities, bonds, alternatives

The National Pension Service (NPS) is looking to hire 30 new fund management professionals in areas covering equities, fixed income, alternative ass...

S.Korea’s NPS posts record 20% return, driven by Kospi rally; performance beats global rivals

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has posted a ...

Global smart money piles into S.Korea’s hedge funds as Kospi leads world

Eager not to miss a rare window for outsized gains, heavyweight global investors, from sovereign wealth funds to family offices and university endow...

NPS targets North America, Europe, India for real estate expansion

The National Pension Service (NPS) will continue to expand its real estate portfolio in North America, Europe and India, targeting residential, logi...

Korean LPs seek to diversify private debt assets, prioritize liquidity over yields

South Korean major asset owners are seeking to diversify their senior direct lending-focused private credit portfolios into subordinated and distres...

Lee, Trump face showdown over US-S.Korea tariff deal at APEC Gyeongju

GYEONGJU – South Korean President Lee Jae Myung and US President Donald Trump will meet on Wednesday in the South Korean historic city of Gyeo...

Maryland to launch $100 mn fund, 1st US state venture targeting Korean biotech

GAITHERSBURG, MD – The US state of Maryland is setting up a $100 million venture fund to invest in South Korean biotechnology and healthcare c...