NPS Korea investment portfolio
Scope
Date
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ASK 2021
Korea scientists fund sees US-China conflict create infra investments
The Korea Scientists and Engineers Mutual-Aid Association's (SEMA) Chief Investment Officer Huh Sung-moo said on Wednesday that climate change and g...
Oct 28, 2021 (Gmt+09:00)
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Batteries
LG Chem to set up separator JV in Hungary with Toray of Japan
LG Chem Ltd., South Korea’s top chemical maker, has agreed to set up a joint venture with Japan’s Toray Industries Inc. for the producti...
Oct 27, 2021 (Gmt+09:00)
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ASK 2021
Goldman picks three key factors for alternative investment
A number of clear trends will play out for alternatives in the future, notably digitization, customization, and values-based investing, Goldman Sach...
Oct 27, 2021 (Gmt+09:00)
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ASK 2021
KIC to raise alternative investments to 25% by 2027
Korea Investment Corp. (KIC) plans to increase alternative investments to a quarter of its portfolio by 2027 from the current 16%, its CEO Jin Seoun...
Oct 27, 2021 (Gmt+09:00)
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Korean games
Korea’s top mobile game to be launched in Taiwan in Q1 2022
South Korea’s top mobile game Odin: Valhalla Rising will be launched Taiwan in the first quarter of next year as its developer Lionheart Studi...
Oct 27, 2021 (Gmt+09:00)
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Real estate
Office investment falls 15% in Q3 2021, CBRE says
The real estate investment market size in South Korea during the third quarter of this year reached 3.7 trillion won ($3.2 billion), showing a small...
Oct 26, 2021 (Gmt+09:00)
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Earnings
Hyundai Motor swings to profit in Q3 on Genesis, SUVs
Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...
Oct 26, 2021 (Gmt+09:00)
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ASK 2021
Top Korean LPs to discuss post-pandemic investments
The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...
Oct 26, 2021 (Gmt+09:00)
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Cryptocurrencies
KTCU to be Korea’s first pension fund to invest in cryptocurrency ETF
South Korea’s second largest institutional investor Korean Teachers' Credit Union (KTCU), with $40.2 billion under management, is eyeing its f...
Oct 25, 2021 (Gmt+09:00)
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Private equity
Sweden's EQT staffs up in Asia with focus on Korea
EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...
Oct 25, 2021 (Gmt+09:00)
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AgTech
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Oct 25, 2021 (Gmt+09:00)
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IPOs
Korea’s slated IPOs fail to attract investors
Investor confidence has waned in South Korea in line with stock market instability. Stock prices of some newly listed companies have failed to mee...
Oct 25, 2021 (Gmt+09:00)
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Banking & Finance
Citibank Korea to shut down retail business in phases
Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...
Oct 25, 2021 (Gmt+09:00)
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Metaverse
Masayoshi Son to bet $170 mn on Naver metaverse platform
Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...
Oct 24, 2021 (Gmt+09:00)
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Steel
POSCO reaps rewards from Australia’s Roy Hill investment
POSCO, the world’s fifth-largest steelmaker by output, has reaped the rewards of a $1.1 billion investment it made in Australia’s Roy Hi...
Oct 24, 2021 (Gmt+09:00)
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Korean games
Korea’s WeMade, ten bagger with play-to-earn game
When Vincent Gallarte was fired in July, the Manila IT analyst found an unusual financial lifeline – an online game that rewards players in cr...
Oct 22, 2021 (Gmt+09:00)
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M&As
Edison CEO aspires to be Korea’s Elon Musk with Ssangyong takeover
Kang Young-kwon, chairman and chief executive of South Korea’s Edison Motors Co., was virtually unheard of in the country’s automobile i...
Oct 22, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea’s Nuri: Mission unaccomplished, but one step closer to space
South Korea has launched its first domestically designed and developed space rocket Nuri, but failed to put a satellite into orbit, thwarting its bid ...
Oct 21, 2021 (Gmt+09:00)
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Private equity
STIC raises $25 mn to co-invest in US oil terminal
South Korea's STIC Alternative Co. has raised $25 million to invest in a special purpose company of the Carlyle Group, which owns 50% of an oil expo...
Oct 20, 2021 (Gmt+09:00)
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Battery materials
SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason
SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...
Oct 20, 2021 (Gmt+09:00)
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Private equity
EQT to open Seoul office by yr-end to source Korean deals
EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to source deals in South...
Oct 20, 2021 (Gmt+09:00)
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Batteries
Samsung SDI, Stellantis to build billion-dollar battery JV in US
Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...
Oct 19, 2021 (Gmt+09:00)
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IPOs
Korea’s Simone to spend up to 40% of net profit for dividends
South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...
Oct 19, 2021 (Gmt+09:00)
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Venture capital
Korean VC firms expand investment in Southeast Asia
South Korean venture capital firms are expanding their investment in Southeast Asia, where startups grow rapidly based on a large population.K...
Oct 18, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha-invested OneWeb’s internet satellites launched into orbit
A Soyuz rocket has launched 36 new internet satellites operated by London-based OneWeb, in which South Korea’s Hanwha Systems Co. has a stake,...
Oct 15, 2021 (Gmt+09:00)
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Alternative investments
CalSTRS, POBA co-invest $317 mn in US debts in 2021
The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have invested a combi...
Oct 15, 2021 (Gmt+09:00)
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Hydrogen economy
SK to form 'turquoise' hydrogen JV in Korea with Monolith
SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country...
Oct 13, 2021 (Gmt+09:00)
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Corporate restructuring
Amazon in talks to invest in SK Tel's spun-off unit
Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom ...
Oct 13, 2021 (Gmt+09:00)
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North Korea
North Korea puts on show of missile might as Kim Jong-un snubs US
North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...
Oct 13, 2021 (Gmt+09:00)
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Private equity
Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant
Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...
Oct 13, 2021 (Gmt+09:00)