National Pension Service Holds Over 150 Trillion Won in Korean Stocks

South Korea’s National Pension Service is understood to hold more than 150 trillion won in domestic equities. According to mk.co.kr, the fund’s domestic stock allocation is 12 percentage points above its set target. The report presents this as a significant gap between the target allocation and the actual holding level. In principle, it says, the situation could require the mechanical sale of 150 trillion won worth of domestic shares. The original text continues as it begins to discuss how the National Pension Service may handle its stock-related position. For the Korean stock market, the size of the fund’s holdings and the excess over its target allocation may remain a supply-demand factor to watch. Source: mk.co.kr