The National Pension Service capped its domestic equity allocation at the upper SAA limit in October, triggering mechanical selling of major KOSPI stocks and realizing gains amid a strong market rally.
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National Pension Fund Hits SAA Limit for Domestic Equities in October—Mechanical Selling Confirmed

South Korea’s National Pension Service hit its domestic equity SAA limit in October, triggering mechanical selling after strong tech-led gains, while overseas equity allocations also exceeded targets.

Yonhap Infomax
South Korea’s National Pension Service triggered mechanical selling of domestic equities after its allocation exceeded 17.9%, leading to heavy net sales focused on SK Hynix and other major KOSPI gainers, as the fund rebalances amid a strong market rally.
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