Pensions
Korea’s National Pension Fund Rebounds With 13.6% Return in 2023, Grows to $780B
A strong performance from equities spurred a sharp turnaround from the previous year’s 8.2% loss.
A strong performance from equities spurred a sharp turnaround from the previous year’s 8.2% loss.
The Massachusetts state pension fund fell just short of its benchmark, as its asset value grew to more than $100 billion.
Private and public sector plans returned 8.4% in the final quarter, according to RBC Investor Services.
Rallying equities helped the pension giant return 16.1% during the year, but it fell 18 basis points shy of its benchmark.