National pension fund posts highest return in 24 years in 2024 on global stock surge
3 Articles
3 Articles
National pension fund posts highest return in 24 years in 2024 on global stock surge
Korea's state pension fund said Friday it logged its highest investment return in over two decades in 2024, driven by solid profits from overseas investment amid a rally in global stock markets. The National Pension Service (NPS) confirmed it has posted a 15.32 percent return on its investments in 2024, the highest mark since 2000. The NPS attributed the robust performance to interest rate cuts in major economies and a surge in global stock pric…
Despite volatile markets, some pension funds were able to offer clients really interesting returns in the first half of the year. The two most successful ones achieved returns of over ten percent.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium