Comparison of the trading strategies and market impact costs of the National Pension Service's internal and external management

– As of May 2022, the National Pension Service of Korea is the world's third-largest pension fund, with assets worth KRW912tn (approximately $US800bn). Of the KRW152tn (approximately $US133bn) invested in domestic equities, 45% is outsourced to external asset managers. Given the absence of pri...

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Bibliographic Details
Main Authors: Yunsung Eom, Mincheol Woo
Format: Article
Language:English
Published: Emerald Publishing 2023-08-01
Series:Seonmul yeongu
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JDQS-12-2022-0027/full/pdf