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[Apha Biz=(Chicago) Reporter Paul Lee] The National Pension Service announced on the 28th that the return on fund management was tentatively tallied at 8.27% from the beginning of the year to May.
As of the end of May, the amount of assets managed by the National Pension Service was 973.934 trillion won. Although it decreased slightly from the end of April (975.583 trillion won), it increased by 83.465 trillion won from the end of last year.
By asset, operating returns for the January-May period were 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.
It is explained that domestic and overseas stocks had good operating returns due to eased concerns over tightening by the Fed·eral Reserve and preference for risks stemming from strong performance of individual companies.
Domestic and overseas bonds were able to achieve good results due to falling interest rates in anticipation of easing inflation despite the monetary authorities' hawkish stance.
Most of the return on alternative investment assets is interest, dividend income, and foreign currency conversion profit due to exchange rate fluctuations. Since the fair value evaluation is conducted once a year as of the end of the year, the annual yield is a figure that does not reflect the fair value evaluation.
AlphaBIZ 폴 리(hoondork1977@alphabiz.co.kr)