National Pension Gains 50 Trillion Won in 15 Days on Stock Rally

South Korea’s National Pension Service reportedly gained about 50 trillion won in additional returns in just 15 days, helped by a recent stock market rally. As domestic and global equities rebounded, the value of assets held by the pension fund also increased. The report shows how quickly stock market moves can feed into the performance of a major public pension investor. The confirmed core figure is the roughly 50 trillion won increase over a half-month period; details on contribution by asset class or future return forecasts were not provided. Source: hankyung.com