UPDATED: Korea’s NPS lags on returns, replaces equity head
The $427 billion pension fund has named a new head of domestic equities amid changes under its new leadership, following underperformance against a range of overseas peers. (The update corrects an error in the ninth paragraph regarding the performance of the MSCI All Country World Index (ex-Korea).)
Korea’s National Pension Service (NPS) has posted significantly lower returns than many other large public pension funds, with local media reports suggesting the state retirement fund needs to improve the efficiency of its fund management.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.