Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

NPS New Benchmarks for Local Stocks: NPS-KR250 (Direct) & KOSPI+KOSDAQ 150 (Consignment)

Signs of Market Fatigue in the Korean Stock Market

Noteworthy Flow Trend: Korea NPS Overweighting Local Equity

A New Path for ESG with the NPS (Major Highlights of a New Book) - Part I

Gravity Works As WeWork Doesn't; Now Plan B

Cross Asset Strategy

<p>NPS (National Pension Service of Korea) announced that it will expand the number of companies included in the domestic equity benchmark. As of end of April 2021, NPS managed (directly and outsourced combined) 178 trillion won of domestic equities, representing 20.1% of its total managed assets. Currently, the main domestic equity benchmark is KOSPI200.</p><div class="content-highlight"><p>According to <a href="https://www.edaily.co.kr/news/read?newsId=02646966629116160&amp;mediaCodeNo=257&amp;OutLnkChk=Y" target="_blank" rel="noopener">NPS,</a> one of the major reasons why it is trying to expand the number of companies included in its core domestic portfolio benchmark is because it believes the proportion of large cap stocks in the NPS' domestic stock portfolio is too high and it wants to add more mid-cap/small cap stocks. </p></div>

NPS (National Pension Service of Korea) announced that it will expand the number of companies included in the domestic equity benchmark. As of end of April 2021, NPS managed (directly and outsourced combined) 178 trillion won of domestic equities, representing 20.1% of its total managed assets. Currently, the main domestic equity benchmark is KOSPI200.According to NPS, one of the major reasons why it is trying to expand the number of companies included in its core domestic portfolio benchmark is because it believes the proportion of large cap stocks in the NPS' domestic stock portfolio is too high and it wants to add more mid-cap/small cap stocks. 

NPS Plans to Expand Domestic Equity Benchmark from KOSPI200 to KOSPI250