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S. Korea’s State Pension to Invest $300 mln in Aussie Infra Fund

S. Korea’s State Pension to Invest $300 mln in Aussie Infra Fund

SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s state pension fund will invest US$300 million in an Australian infrastructure fund as it seeks diversification and profitability in its portfolios, a person familiar with the matter said Friday. The National Pension Service (NPS) will join AXA General Insurance, Allianz and APG, the largest pension provider in [...]

S. Korea Finalizes Guidelines on Pension Fund’s Shareholder Activism

S. Korea Finalizes Guidelines on Pension Fund’s Shareholder Activism

SEOUL, Dec. 27 (Korea Bizwire) — South Korea on Friday approved proposed guidelines for shareholder activism by the country’s largest state pension fund, paving the way for the fund to press companies it holds stakes in to dismiss board members over breach of trust and other illegal activities. “The guidelines are part of efforts to [...]

Pension Fund Forecast to Be Depleted Earlier Than Predicted: Sources

Pension Fund Forecast to Be Depleted Earlier Than Predicted: Sources

SEOUL, Aug. 2 (Korea Bizwire) — South Korea’s national pension could run out of money by 2056 or 2057 if current financial conditions continue, three to four years earlier than previously projected by the government, official sources said Thursday. The government conducts reviews on the financial soundness of the National Pension Service (NPS) every five [...]

S. Korea’s Pension Service to Invest in Hedge Funds this Year

S. Korea’s Pension Service to Invest in Hedge Funds this Year

SEOUL, April 8 (Korea Bizwire) – South Korea’s state pension fund will invest around 1 trillion won (US$866.7 million) in overseas hedge funds for the first time this year as part of its efforts to diversify its investment portfolios, the health ministry said Friday. The plan was submitted to a public pension fund operation committee, which [...]

Korean Pension Funds to Get Green Light to Invest in ETFs

Korean Pension Funds to Get Green Light to Invest in ETFs

SEOUL, Oct. 4 (Korea Bizwire) – The financial regulator said Sunday that it will allow public and private pension funds to invest in exchange traded funds (ETFs) in a bid to provide a safer and decent yield-generating investment tool in the low rate environment. An ETF refers to an investment fund traded on stock exchanges [...]