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 strong performance raised the National Pension Service’s asset value to approximately $740 billion.
The world’s third-largest pension fund is in jeopardy of being depleted by 2057.