[REVISION HISTORY]
South Korea National Pension Service developments
Updated 1 time since CLSTR started tracking revisions of this situation.
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2026-09-30 09:43 UTC → 2026-10-03 23:53 UTC ·
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South Korea’s National Pension Service (NPS) underwent leadership changes and significant asset fluctuations in late 2026. In mid-September, the NPS appointed Kyuhong Lee as Chief Investment Officer (CIO) to oversee a portfolio valued at approximately 1,866 trillion won. Lee, a former CIO of the Teachers’ Pension, assumed the role for a two-year term effective September 15. However, data Data from July indicated a sharp decline in fund assets, which dropped from 1,865.5 1,865.6 trillion won in June to 1,684.1 1,684.2 trillion won by the end of the month. This 181 181.4 trillion won decrease (9.7%) was largely attributed to driven by a simultaneous correction in domestic and international stock market correction, specifically markets. Domestic equity valuations decreased by 124.6 trillion won (22.9%), while overseas equity valuations fell by approximately 37 trillion won. As a roughly 22% fall in the KOSPI. Consequently, result of these market shifts, the NPS year-to-date investment return rate fell from 27.22% in June to 14.84% in July. Despite the decline, the NPS reported that its domestic stock returns of 60.11% year-to-date still outperformed the KOSPI, which stood at 56.51%.
Versions
- 2026-10-03 23:53 UTC South Korea National Pension Service developments
- 2026-09-30 09:43 UTC South Korea National Pension Service developments
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