Pensions
Korean National Pension Service Returns 5.82% in Q1, Plans Boost to Alternatives
Assets of the pension rose to $797 billion during the quarter, boosted by U.S. tech stocks.
The $635.5 billion fund was aided by being overweight in fixed income and underweight in equities.
Group says Korean equities have ‘chronically underperformed’ for seven years.
Ex-health minister sentenced to 2 ½ years for leaning on national pension to approve controversial Samsung merger.
Performance evaluated in terms of country, factor, and sector.