Korea’s tech-driven stock market rally helped drive assets in the National Pension Services (NPS) to an all-time high of over 1,500 trillion won (US$1 trillion) in the new year, and the figure could hit 1,600 trillion won by the end of 2026, The Korea Economic Daily reports, citing estimates from the investment banking industry.
The pension giant’s assets increased roughly 30 trillion won in just the first two weeks of the year from about 1,470 trillion won at the end of 2025, according to the report published on January 19.
The benchmark Korean Composite Stock Price Index rose more than 14% through to January 19, notching up gains on every trading day. Shares of Samsung Electronics, the largest company in Korea, rose more than 16%, and SK Hynix, one of the largest semiconductor companies in the world, gained over 13%.
The NPS holds a 7.75% stake in Samsung Electronics and 7.35% in SK Hynix.
Data from the pension fund’s website shows that Korean equities accounted for about 14% of its assets as of end-September 2025.
Spokespersons for the NPS, the world’s third largest pension fund, did not immediately respond to questions from Asia Asset Management.
