National Pension Service Reports 8.27% Fund Operation Yield by May... Asset Size Reaches 974 Trillion Won
Asset Size Increased by 83 Trillion Won Compared to the End of Last Year
The National Pension Service announced on the 28th that the fund's operating return rate from the beginning of this year to May was tentatively calculated at 8.27%.
As of the end of May, the National Pension Service's managed assets were valued at 973.934 trillion won. Although this is a slight decrease compared to the end of April (975.583 trillion won), it increased by 83.465 trillion won compared to the end of last year.
The operating return rates by asset from January to May are 17.37% for domestic stocks, 13.67% for overseas stocks, 2.97% for domestic bonds, 6.80% for overseas bonds, and 4.84% for alternative investments.
The National Pension Service explained that for domestic and overseas stocks, the operating return rates were favorable due to risk appetite driven by easing concerns over Federal Reserve (Fed) tightening and strong individual corporate earnings.
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Domestic and overseas bonds achieved good performance as interest rates fell amid expectations of easing inflation tightening, despite the monetary authorities' continued hawkish stance.
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