Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
First snow to fall in Seoul on Wednesday
-
4
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
5
Man convicted after binge eating to avoid military service
-
6
S. Korea not to attend Sado mine memorial: foreign ministry
-
7
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
-
10
Nvidia CEO signals Samsung’s imminent shipment of AI chips
[THE INVESTOR] The National Pension Service has been concentrating its overseas investments on IT and pharmaceuticals firms, with Apple seeing the largest investment in the first half of this year, data showed on Oct. 13.
According to the information obtained by Rep. Ki Dong-min of the main opposition Minjoo Party of Korea, Apple shares in NPS’ portfolio increased by the largest margin in the January-June period. The data showed that the NPS purchased US$142 million worth of Apple shares this year, pushing up the total value of Apple shares in its portfolio to US$707 million.
Overall, shares of Alphabet account for the largest chunk of NPS’ overseas stock investments standing at US$910 million at the end of June. Apple shares came in second.
Along with Alphabet and Apple, six other IT-related companies were among NPS’ 10 largest overseas investments.
Apple was followed by Amazon at US$673 million, Microsoft at US$667 million and Facebook at US$560 million.
By Choi He-suk (cheesuk@heraldcorp.com)
According to the information obtained by Rep. Ki Dong-min of the main opposition Minjoo Party of Korea, Apple shares in NPS’ portfolio increased by the largest margin in the January-June period. The data showed that the NPS purchased US$142 million worth of Apple shares this year, pushing up the total value of Apple shares in its portfolio to US$707 million.
Overall, shares of Alphabet account for the largest chunk of NPS’ overseas stock investments standing at US$910 million at the end of June. Apple shares came in second.
Along with Alphabet and Apple, six other IT-related companies were among NPS’ 10 largest overseas investments.
Apple was followed by Amazon at US$673 million, Microsoft at US$667 million and Facebook at US$560 million.
By Choi He-suk (cheesuk@heraldcorp.com)
![[More than APT] Residents, architects together design homes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/11/24/20241124050036_0.jpg&u=)
