South Korea's pension funds lose $137 billion amid stock price declines at Samsung, SK Hynix, and others
A decline in stocks held by South Korea's National Pension Service, including Samsung Electronics and SK Hynix, has led to a 182 trillion won ($137 billion) drop in asset value. As of October 15, the valuation of the NPS's stakes (5% or more) in 287 listed companies fell to 333.53 trillion won, down from 515.93 trillion won at the end of June. This marks the fund's first quarterly decline since the fourth quarter of 2024, following record returns in the first half of the year.
The decline in stocks held by South Korea's National Pension Service, including Samsung Electronics and SK Hynix, has caused its assets to shrink by 182 trillion won (approximately $137 billion).
As of October 15, the valuation of the National Pension Service's holdings—where it owns more than 5% in 287 listed companies—had fallen to 333.53 trillion won, down from 515.93 trillion won at the end of June. This marks the fund's first quarterly decline since the fourth quarter of 2024, following record returns in the first half of the year.