NPS logs 9.71% return in H1 led by US tech stocks

Quick Summary:

The returns on alternative investments, including real estate, private venture capital, and infrastructure investments, were attributed to interest and dividend income foreign exchange gains due to the won-dollar exchange rate increase, without reflecting changes in the valuation of investment assets.

The provisional returns by asset type for the first half were as follows: overseas stocks (20.47%), domestic stocks (8.61%), overseas bonds (7.95%), alternative investments (7.79%) and domestic bonds (1.66%)".

In the first half of this year, the strong performance of US tech stocks led to favorable returns for domestic and international stocks," the fund management department explained.

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Article Details

Category: Economy

Markets: South Korea

Topics: Fund Pension First Stocks Year Bonds Domestic Returns Assets Investment Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 17:15:39 (4 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 267 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 22342973

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