NPS CIO Seo Won-joo
Scope
Date
~
-
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)
-
Mobile networks
Samsung wins US 5G equipment order from Dish Network
Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...
May 03, 2022 (Gmt+09:00)
-
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)
-
Foreign exchange
Korean won at 2-year low, adding to inflationary pressure
South Korea’s won currency skidded to the lowest level in more than two years on Thursday, adding to fears over growing inflationary pressure ...
Apr 28, 2022 (Gmt+09:00)
-
Private equity
Affinity Equity to refinance Serveone to recoup investment
Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...
Apr 22, 2022 (Gmt+09:00)
-
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 man...
Apr 20, 2022 (Gmt+09:00)
-
Foreign exchange
Surging dividend outflows to hit Korea's current account balance, won
Dividend payments of foreign companies operating in South Korea have nearly doubled and the repatriation of profit to their headquarters is expected...
Apr 18, 2022 (Gmt+09:00)
-
Tech, Media & Telecom
KT to build media value chain with $4.1 bn content sales by 2025
KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...
Apr 07, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
Smartphone material maker NexFlex draws bidders
NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...
Apr 01, 2022 (Gmt+09:00)
-
Foreign exchange
Korea won at three-year high vs yen on rate differentials
South Korea’s won currency on Monday hit its strongest point against the Japanese yen in more than three years on higher interest rates and co...
Mar 28, 2022 (Gmt+09:00)
-
Shipping & Shipbuilding
HD Hyundai files complaint against EU's veto of DSME merger
HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...
Mar 28, 2022 (Gmt+09:00)
language -
RFPs
SK Ecoplant eyes H2 2023 Kospi listing
SK Ecoplant Co., South Korea's largest waste management company, said on Monday it has sent a request for proposal to major brokerage companies at h...
Mar 21, 2022 (Gmt+09:00)
-
Korean startups
Translink and Banks Foundation form $10 mn fund for S.Korean startups
South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...
Mar 14, 2022 (Gmt+09:00)
-
Foreign exchange
Korean won extends losses as oil hits 14-year high
South Korea’s won currency skidded to a fresh low in nearly two years as oil prices spiked to a 14-year peak with fears of a prolonged war bet...
Mar 07, 2022 (Gmt+09:00)
-
Foreign exchange
Korean won nears 2-year low, adds to inflation woes
The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...
Mar 04, 2022 (Gmt+09:00)
-
Economy
Korea GNI per capita at record on strong economic growth
South Korea’s gross national income (GNI) per capita hit a record high last year on strong economic growth, as well as the firm won currency a...
Mar 03, 2022 (Gmt+09:00)
-
Pension funds
NPS hires Millennium, Starboard, Systematica for hedge fund investing
National Pension Service (NPS) of South Korea said on Feb. 28 it selected Millennium Management LLC, Starboard Value LP and Systematica Investment...
Feb 28, 2022 (Gmt+09:00)
-
Pension funds
Adams Street, Benefit Street, Clearlake join NPS' PE managers
National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partners LLC and Clearlak...
Feb 28, 2022 (Gmt+09:00)
-
Pension funds
NPS picks Allspring, BlackRock, Morgan Stanley for multi-assets in Q4
National Pension Service (NPS) of South Korea said on Feb. 28 it hired Allspring Global Investments LLC, BlackRock Inc. and Morgan Stanley Investm...
Feb 28, 2022 (Gmt+09:00)
-
Pension funds
NPS posts 24% return from alternative investment in 2021
National Pension Service (NPS) of South Korea posted a 10.86% rate of return in 2021, according to a preliminary data report by its investment man...
Feb 28, 2022 (Gmt+09:00)
-
Economy
Korea’s record household debt may hurt consumption
South Korea’s household debt hit a record on surging property prices, stoking concerns over a slowdown in private consumption in Asia’s ...
Feb 22, 2022 (Gmt+09:00)
language -
Banking & Finance
Korea’s record liquidity growth raises inflation, asset prices
South Korea’s money supply increased at the fastest pace in history last year, exceeding liquidity growth in the eurozone, which accelerated i...
Feb 17, 2022 (Gmt+09:00)
language -
Pension funds
Thoma Bravo may attract $200 mn from NPS, KTCU
National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...
Feb 16, 2022 (Gmt+09:00)
-
Private equity
Stockbridge names former NPS real estate expert as its MD
Stockbridge Capital Group LLC, a US real estate investment firm, announced on Feb. 10 that David Park has joined the firm as a managing director. ...
Feb 14, 2022 (Gmt+09:00)
-
Pension funds
POBA taps former DB Insurance investment head as new CIO
Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...
Feb 10, 2022 (Gmt+09:00)
-
Pension funds
Construction Workers taps former Credit Union head as new CIO
Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...
Feb 08, 2022 (Gmt+09:00)
-
Foreign exchange
Korea to reform FX market to join MSCI developed markets
South Korea is set to reform the local currency market as the country aims to reach MSCI Inc.’s developed market status for its domestic stock...
Jan 25, 2022 (Gmt+09:00)
-
IPOs
Korea’s biotech startup Voronoi to go public in March
South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...
Jan 25, 2022 (Gmt+09:00)
-
Corporate restructuring
NPS approves POSCO's split into holding firm, steelmaker unit
The National Pension Service (NPS) of Korea, the largest shareholder of POSCO Co., has given its nod to the steelmaking giant’s plan to spli...
Jan 24, 2022 (Gmt+09:00)
-
Automobiles
Hyundai, Kia lead rivals in 2022 US best car awards
Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...
Jan 24, 2022 (Gmt+09:00)