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Nat’l Pension Reports Worst Returns in 2022 amid Global Jitters: Data

Nat’l Pension Reports Worst Returns in 2022 amid Global Jitters: Data

SEOUL, May 23 (Korea Bizwire) — South Korea’s state pension operator saw its returns fall to a record low level in 2022, data showed Tuesday, due to the instability in the global financial market amid monetary tightening moves. The National Pension Service (NPS) logged negative returns of 8.28 percent in 2022, marking the lowest level [...]