Investing Guides/Market Mechanics
How the National Pension Service Affects KOSPI Liquidity
Korea's National Pension Service (NPS) is one of the world's largest pension funds and a major domestic institutional holder of KOSPI stocks, meaning its rebalancing behavior — buying or selling to stay within its target domestic equity allocation — can meaningfully affect liquidity and price action, particularly during sharp market moves. This article is part of our Ultimate Guide to Investing ..