In 1999, the National Pension Service Investment Management (NPSIM) was launched to ensure that the National Pension Fund is professionally managed by investment professionals with in-depth expertise across all asset classes. Since then, the NPSIM has been constantly advanced in terms of capacity and organization to effectively cope with the rapidly growing size and an increasingly volatile investment landscape.
Formed the Global Investment Planning Team, Private Debt Investment Team, Real Estate Platform Investment Team, Investment HR Dept., Investment Tax Dept.
Opened the San Francisco Office
Achieved KRW 1,200 trillion in total Fund
Achieved KRW 1,000 trillion in total Fund
Reorganized Risk Management Division(Public Market, Private Market)
Reorganized Global Public Market Division by asset class (Global Equity, Global Fixed Income)
Achieved KRW 900 trillion in total Fund
Created Managing Director positions (Investment Strategy, Risk Management, Investment Operation)
Achieved KRW 800 trillion in total Fund
Reorganized Alternative Investment Division by asset class (Private Equity, Real Estate, Infrastructure)
Formed the Global Responsible Investment Division, IT Division and External Affairs Division
Achieved KRW 700 trillion in total Fund
Adopted its Responsible Investment & Governance Principles (Stewardship Code)
Achieved KRW 600 trillion in total Fund
Formed the FX Management Team and Global Infrastructure Team
Opened the Singapore Office
Achieved KRW 500 trillion in total Fund
Formed the Responsible Investment Team
Achieved KRW 400 trillion in total Fund
Enhanced operational support functions
Opened the London Office
Reorganized Global Investment Division by asset class (Global Public Market, Global Alternative Investment)
Opened the New York Office
Granted Independence to Compliance Officer
Achieved KRW 300 trillion in total Fund
Commenced internal management in global equities
Became a signatory to PRI
Reorganized Global Investment Division and Alternative Investment Division
Reorganized investment divisions by asset class Formed the External Affairs Team and Compliance Officer
Achieved KRW 200 trillion in total Fund
Formed the Global Investment Team
Established the Alternative Investment Committee
Commenced external management in global fixed income
Commenced global alternative investment
Commenced external management in domestic fixed income
Formed the Alternative Investment Team
Commenced internal management in global fixed income
Achieved KRW 100 trillion in total Fund
Commenced domestic alternative investment
Commenced external management in global equities
Formed the Fund Management Division
Established the Risk Management Committee
Commenced external management in domestic equities
Established the NPSIM (6 teams, 40 employees)
Established the Investment Committee
Established the National Pension Fund