National Pension’s Korean stock share tops 27%, far above 14.9% target

According to Maeil Business Newspaper’s May 14 “Knowledge of the World” digest, domestic stocks accounted for more than 27% of the National Pension portfolio. That is well above this year’s target of 14.9%. In principle, the report presented a situation in which about 150 trillion won in Korean stocks would have to be mechanically sold to bring the actual share back in line with the target. The figure is directly tied to the National Pension’s asset allocation and supply-demand conditions in the local stock market, making its target-weight management and possible selling pressure a point of market attention. Source: mk.co.kr