Korean pension funds target equity markets

clock •

KOREA - Korea's major pension funds, well known for favouring government bonds, are now significantly shifting toward equities after a stock market surge during 2005.

Pension funds posted an above-average return on their investments in stocks last year, reaping nearly KRW14trn (US$14bn) from a bullish rally on the local bourse. As a result of the returns, pen...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on South Korea

South Korea

Mercer launches IM service in Korea

KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.

Chris Panteli
clock 27 September 2011 •
South Korea

NPS injects $234m into Titleist consortium - reports

SOUTH KOREA - The National Pension Service is understood to be investing 250bn won ($234.3m) into a Korean-led consortium for its project to buy golfing equipment brand Titleist, according to reports.

Chris Panteli
clock 04 July 2011 •
South Korea

Korean sovereign wealth fund adopts non cap-weighted indices

KOREA - The $37bn Korea Investment Corporation has chosen three FTSE non-capitalisation weighted indexing strategies making it the first Korean institutional investor to take this route, according to the FTSE Group.

Raquel Pichardo-Allison
clock 14 June 2011 •
Trustpilot