SEOUL — South Korea's National Pension Service, the state pension fund, announced a 13.6 percent return on investment for the last year, attributing the strong performance to successful investments in both local and overseas stocks. This marks the highest annual return since the fund's management division was established in 1999.
According to Yonhap News Agency, by the end of last year, the fund's assets under management had risen to 1,035 trillion won (US$775 billion), an increase of approximately 145 trillion won from the previous year. The fund achieved a 22.12 percent return on its investment in local stocks and a 23.89 percent yield on overseas stocks. Additionally, the fund reported a 7.4 percent return on its investment in local bonds and an 8.84 percent yield on its investment in foreign bonds, contributing to its overall strong performance last year.