Korea NPS stock management
Scope
Date
~
-
RFP
[RFP] Korea Post plans to invest $200 mn in real estate mezzanine debt
Korea Post’s insurance arm is looking for one or two real estate debt managers to invest $200 million in mezzanine debt, for which it is plannin...
Jul 29, 2020 (Gmt+09:00)
-
IPO of Korea’s first overseas property-backed REIT receives tepid response
The initial public offering of JR Global REIT, set to be South Korea’s first listed REIT backed by overseas property, was undersubscribed 0.23 t...
Jul 26, 2020 (Gmt+09:00)
-
South Korea's exports
[Economy] Korea exports drop by 16.6% hitting the lowest in 56 years
South Korea's exports have plunged 16.6% during the second quarter, hitting the lowest record in 56 years since the fourth quarter of 1963 when it fel...
Jul 23, 2020 (Gmt+09:00)
-
Real estate
Korea’s Aussie property fund seller seeks damages for reimbursement
KB Securities Co. Ltd. has claimed damages arising from the alleged breach of contract over an Australian real investment fund after it returned 90.4 ...
Jul 21, 2020 (Gmt+09:00)
-
Asset management
Shinhan Financial in search to acquire traditional asset manager
Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...
Jul 20, 2020 (Gmt+09:00)
-
Markets
Bank of Korea keeps policy rate unchanged; no signal of further action
The Bank of Korea (BOK) left the benchmark rate unchanged at a record low of 0.5% as expected on July 16, citing the slowing economy and the overheate...
Jul 16, 2020 (Gmt+09:00)
-
Private equity
CVC diversifies Korean funding sources beyond NPS and KIC
CVC Capital Partners has raised more than $175 million from three South Korean pension plans for its record $24 billion buyout fund, diversifying fund...
Jul 15, 2020 (Gmt+09:00)
-
National Pension Service
NPS pays hefty performance bonus after strongest 2019 return
The National Pension Service is paying handsome performance bonuses to its internal investment staff after the world’s third-largest pension fun...
Jul 03, 2020 (Gmt+09:00)
-
IPOs
Korea’s IPO market gains steam amid global pandemic
SK Biopharmaceuticals Co. Ltd. made a strong market debut on the Korea Exchange, as the country's IPO market has been gaining steam with newly listed ...
Jul 02, 2020 (Gmt+09:00)
-
Sovereign wealth fund
KIC to form alternatives joint fund with Korea’s NongHyup
Korea Investment Corporation (KIC) is preparing to launch a joint fund with NongHyup, or the National Agricultural Cooperative Federation, to invest i...
Jul 02, 2020 (Gmt+09:00)
-
Alternative investment
NPS ramps up alternative investment in Jan-April despite Covid-19
The National Pension Fund has significantly increased alternative investments in the first four months to April from a year earlier, which industry so...
Jul 01, 2020 (Gmt+09:00)
-
League table
JPMorgan tops Korea’s H1 M&A advisor list with Prudential deal
Prudential Financial Inc.’s 2.3 trillion won ($1.9 billion) sale of its South Korean unit dominated the country’s M&A advisory market ...
Jun 30, 2020 (Gmt+09:00)
-
Pension fund
NPS and Allianz to set up $2.3 bn Asian property fund
The National Pension Service (NPS) is to launch a $2.3 billion property fund with Germany’s Allianz SE to invest in core real estate in Asia, wi...
Jun 29, 2020 (Gmt+09:00)
-
Robotics
Korea's first neurosurgery robot to debut; to seek FDA approval
Koh Young Technology Inc., a 3D inspection device maker in South Korea, has commercialized a neurosurgical robotics system for the second time in the ...
Jun 22, 2020 (Gmt+09:00)
-
Pension fund
Former vice finance minister picked as NPS’ chief executive
Yong-jin Kim, who served as a vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Nati...
Jun 20, 2020 (Gmt+09:00)
-
Asset allocation
NPS boosts private debt and venture capital investment in Q1
The National Pension Service (NPS) has beefed up investments in private debt and venture capital funds by adding Antares Capital Advisers and Insight ...
Jun 03, 2020 (Gmt+09:00)
-
Hedge fund
NPS adds Select Equity to single-manager hedge fund roster in Q1
New York-based Select Equity Group joined the roster of the National Pension Service’s (NPS) global alternative investment companies as a single...
Jun 03, 2020 (Gmt+09:00)
-
Asset allocation
NPS logs negative Q1 investment return on stock market plunge
The National Pension Service (NPS) reported a negative 6.08% return on investment in the first three months of this year, weighed down by double-digit...
Jun 01, 2020 (Gmt+09:00)
-
Asset allocation
NPS to ramp up global equities exposure over next 5 years
The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...
May 21, 2020 (Gmt+09:00)
-
Debt
Export-Import Bank of Korea ups Aussie bond sale size to $460 mn on demand
The Export-Import Bank of Korea (KEXIM) has nearly doubled the size of its planned new bond sale in Australia to A$700 million ($460 million) on stron...
May 20, 2020 (Gmt+09:00)
-
Pension funds
[Interview] Korea local govts' pension hunts for bargains as valuation concern eased: CIO
The Public Officials Benefit Association (POBA) is shifting away from a defensive stance to put its increased cash to work as the asset price declines...
May 13, 2020 (Gmt+09:00)
-
Pension fund
NPS restarts alternative investment with Portugal and Manhattan deals
The National Pension Service has invested at least one billion dollars in aggregate in a Portuguese toll road operator and a property redevelopment pr...
May 07, 2020 (Gmt+09:00)
-
Private equity
[RFP] Korea Post seeks PE secondary funds for $200 mn mandate
Korea Post’s insurance arm plans to select two global private equity funds to invest up to $200 million in private equity secondary markets in 2...
Apr 28, 2020 (Gmt+09:00)
-
Hedge fund
NPS makes first single-manager hedge fund investment with $810 mn
The National Pension Service committed about 1 trillion won ($810 million) to four global hedge fund houses in 2019, in its first investment in single...
Apr 03, 2020 (Gmt+09:00)
-
Real estate
BlackRock dropped from NPS’ property investment manager pool
BlackRock, the world’s largest asset manager, has been excluded from the National Pension Service’s 49-strong group of global real estate ...
Apr 02, 2020 (Gmt+09:00)
-
Markets
NPS raises virus-induced threat level to grave; runs emergency team
The National Pension Service (NPS) takes the current financial market volatility caused by the COVID-19 outbreak as a grave threat and is operating it...
Mar 23, 2020 (Gmt+09:00)
-
M&A
KKR consortium buys Seoul office tower from NPS
A consortium of KKR & Co. and two South Korean companies have closed the acquisition of a Seoul office tower from the National Pension Service (NP...
Feb 29, 2020 (Gmt+09:00)
-
Pension fund
NPS’ investment return at all-time high in 2019; alternatives lag
The National Pension Service (NPS) achieved its strongest investment return of 11.31% in 2019, led by hefty gains from equities and overseas fixed-inc...
Feb 28, 2020 (Gmt+09:00)
-
Private equity
Morgan Stanley PE cashes in on coronavirus spread in Korea
Morgan Stanley Private Equity has pocketed around 19 billion won ($16 million) in gains by cashing out a portion of its shares in a South Korean mask ...
Feb 24, 2020 (Gmt+09:00)
-
Private equity
[Dealmaker] Unison Capital shines in Korea’s niche sectors
Middle market-focused Unison Capital Inc. stood out in South Korea’s buyout market in 2019 with two lucrative exits and two startup acquisitions...
Feb 15, 2020 (Gmt+09:00)