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(Photo= Yonhap news) |
[Alpha Biz= Reporter Paul Lee] The return on domestic stock investment by the National Pension Service recovered to positive in February. The gap with overseas stock markets is still wide, with the yield gap between domestic and foreign stocks reaching 8 percentage points (p).
According to the National Pension Service's fund management headquarters on the 30th, reserves amounted to 1,070 trillion won as of the end of February. They include 148 trillion won in domestic stocks, 351 trillion won in overseas stocks, 320 trillion won in domestic bonds, 76 trillion won in overseas bonds and 171 trillion won in alternative investment.
The return on fund management from the beginning of the year to February was 2.95%. The yield improved from 1.09% as local stocks and others showed better conditions than January.
By sector, domestic stock yields recovered from minus 5.98% in January to 0.35% in February. Domestic bonds have deteriorated slightly to -0.80%.
In the overseas sector, stocks continued to make good returns of 8.39% and bonds of 2.34%.
Alternative investment was found to be 2.91%. The return on alternative investment is before the fair value assessment is reflected, reflecting the return on fair value at the end of the year.．
AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)
