NPS Investing in 49 Stock Markets

Lawmaker Song Eon-seog remarked on March 17 that the National Pension Service (NPS) was investing in 5,642 stocks in 49 countries as of August last year.

The 5,642 stocks include 1,565 U.S. stocks along with 795 in Hong Kong, 785 in China, 550 in Japan, 223 in the United Kingdom, 167 in Canada, 119 in India, 111 in Australia, and 104 in Thailand.

Apple accounted for the biggest portion of its U.S. stocks. Its share in the company amounted to 9.2 trillion won (US$7.0 billion) in August last year. In Taiwan, the company in which it held the largest share was TSMC. Those in the Netherlands, Hong Kong, and Japan were ASML, Tencent, and Keyence, respectively.

In addition, it invested 1.9 trillion won (US$1.5 billion) in Nestlé, 1 trillion won (US$765 million) in Mercedes-Benz, and 900 billion won (US$689 million) in LVMH. There are also Novo Nordisk and Kweichow Moutai in Denmark and China, respectively.