Mutual Aid Association staff, operating revenue 1.1 trillion last year ... Achieve yields of 5.3%

[Korea goyounghun financial newspaper reporter] Korea faculty Mutual Aid Association announced the 2017 and 2016 management plan fund performance.

According to staff two days going through the Mutual Aid Association Fund The revenue last year, said that the 1 trillion 88.9 billion won to exceed the goal of 20% compared to revenues. 735.1 billion won profit in earnings generated abroad have led the alternative investment division showed a profit last year.

Fund achieved a return of 5.3% and surpassed last year's target. Mutual Aid Association side Given the difficult investment environment last year, said high levels.

Mutual Aid Association's staff late last year, total assets were recorded 29.2205 trillion won. This is compared to the previous year increased 2.5604 trillion won level.

Mutual Aid Association is a faculty fund assets 22,000,000,004,218 billion in total assets is 77% level. Last year, fund assets are invested in local domestic 64% foreign 36%, 50% alternative investments by asset class, bonds 33%, consists of a share of stock by 17%.

Also enforce the agreement and equity investment as the world's largest alternative investments managers in Blackstone, Brookfield.

This year, it plans to respond to Breck sheet, Trump administration, the prospect of the US Federal Reserve will continue raising interest rates based on prevailing global uncertainties faculty Mutual Aid Association is expanding new investment-driven reliability and flexible asset allocation strategy.

Gangseongseok stability Korea faculty Mutual Aid Association CIO is "in the phase of uncertainty and volatility expands depending on the market situation will require a flexible portion controlled," said "Given the current situation of senior, mezzanine mortgage loans, private lending funds, direct trending he said it would have focused heavily on portfolio assets damgil ".

Faculty Mutual Aid Association has raised total assets by 31 trillion won this year's target figure, 24 trillion in assets under management Funds each 2.3 trillion won to 293.4 billion won compared to the previous year, 2.218 trillion won.

Munyongrin Chairman said, "not only in Korea but also to expand through constant growth through a global network of investment institutions abroad in 2020, 80 members people, will achieve 40 trillion won of assets."



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Cash payment instead of the card, smartphone ... 376 trillion won last year's daily average

[Korea Jeongseon financial newspaper reporters - credit cards, showed that significantly increasing the use of non-cash means of payment such as smartphones.

According to the Bank of Korea announced one day 'Payment of the 2016 settlement trends "material payments due to non-payment methods of cash last year increased by 8.1 percent to 376.1 trillion won per day than in 2015 (347.8 trillion won).

The Bank of Korea analyzed that "large sums of money transfers using factors such as enlargement and card payments as long as the universalization of financial institutions through the financial network."

Card using earnings 2.104 trillion won (per day) increased significantly by 11.8% year-on-year.

Especially credit card earnings (excluding cash) is one trillion rose 10.9 percent to 677 billion won. Utilization of credit card mobile smartphones has surged 51.7% or 460 billion.

Check card income, higher deduction rate has increased by 15.2% to 424 billion won. On the other hand, prepaid cards fell 3.5 percent to 22 billion.

Full results from the use of payment cards credit cards were the overwhelming proportion to 79.7%.

Yiyongaek day average personal credit card at a convenience store last year jumped 32.8 percent to 150 billion won. Supermarket (9.5%), airlines (16.2%), duty-free shops (10.7%), transportation (9.3%), health care (10.0%) is also higher growth rates.

In the case of payment per check card, but to give 3.5% ₩ 24,342 more than in 2015, credit cards were only increased by 0.1% in 4564 won four.

The Bank of Korea was evaluated as' that will replace the card with cash at convenience stores, supermarkets, public transport continued tendency of small yiyongaek.

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Financial Services Commission, last year's fourth quarter of 2.2478 trillion won of public funds recovered 67.8% recovery rate ...

[Korea hyerin nine financial newspaper reporter] Financial Services Commission has announced that one days recovering public funds of 2.2478 trillion won in the fourth quarter of last year.

Deposit Insurance Corporation has held a number of 20 billion won to 2.2278 trillion won our stake in the bank, as Mr. Kay anaen loan interest income.

As a result of the financial crisis a total of 168.7 trillion won in public funds were recovered 67.8% amounting to 114.3 trillion won. Recovery is the level rose by 1.3% points compared to the end of September last year.



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January jodalaek direct financing 8.1 trillion ... Bonds, stocks increased reduction

[Korea goyounghun financial newspaper reporter] in January of this year, while the issuance of shares of domestic companies, corporate bond issuance has increased sharply compared to the previous month

Shares of the company through a public offering in January 2017. According to the Financial Supervisory Service 28 days, corporate bond issuance has increased performance of eight 1283 one trillion 929.9 billion won (12.9%) compared to the previous month 7.1984 trillion won, respectively.

Shares issued fell by 81.8 percent to 533.7 billion won, bond issues has increased by 22.4% to 1 trillion 463.6 billion won.

Last month, the issuance of shares 27 cases in five previous month, 118.8 billion won, 652.5 billion won 533.7 billion won a year fell 81.8%. IPO is a nine month 81.4 billion won in the three cases, compared to 160 billion won and 241.4 billion won was reduced. The KOSPI by market one thing (improving unemployment), including two cases was the KOSDAQ (stand-plus global oil Bio Logics). Capital increase to 2 cases, 18 cases last month to 37.4 billion won, fell by 411.1 billion won compared to 373.7 billion won (90.9%).

Corporate bond issuance is 8.0095 trillion won in the previous month has increased by 6.5459 trillion won compared to 1.4636 trillion won (22.4%), the main issuer is a bank 798.5 billion won, Woori Bank, 650 billion won, Hyundai Steel 600 billion won, Mart 430 billion won, Lotte such as shopping was the order of 400 billion won.

General corporate bond issuance has increased 2.0853 trillion won (549.2%) compared to 22 cases in 3797 the previous month, 2.465 trillion won, respectively.

The level of the previous month to 379.7 billion won small issue is the month issuance has risen sharply in the previous month, while AA or higher preference was still superior.

One end of debentures outstanding balance has decreased 146.2 billion won compared to the previous month 409.5158 trillion won to 409.3696 trillion won. While issuing commercial paper (CP) and shear performance increased by 2.9802 trillion won compared to the previous month 101.9625 trillion won to 104.9427 trillion won.



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"Marginal lending rate rises 1% p 25 trillion debt furniture ↑"

[South Korea's Choice Financial newspaper reporter] was raised to analyze financial debt would surge to 25 trillion won of a 1 percentage point interest rate rise 'marginal households.

Y. In addition, according to data the National Assembly Planning and Finance Committee Democrats received 28 days to submit at the Bank of Korea, Financial debt held by the three years of the end of 2016 is limited to households 289.7 trillion won, or 32.7% of total financial liabilities.

Household financial assets is limited in the conditions and minus net financial assets minus financial liabilities refers to the principal and interest payments to disposable household income ratio exceeds 40%. It is expected that the loan rate rises to increase both the number of households and limit their financial liability, the interest payments.

Assuming the situation lending interest rates rise 1%, marginal households increasing by 1.573 million households 69 000 Furniture, household annual limit household interest payments are to ₩ 8,913,000 to ₩ 1,359,000 increased from 7.554 million won It showed.

Another limitation of the financial liability households were estimated to surge 24.7 trillion won to 314.4 trillion won. US Federal Reserve (Fed) is expected to rise, the interest rate of one year, subject to the policy rate hikes 2-3 times larger households hit this limit.

Y. lawmakers' needs to the government to pay more attention to the elderly vulnerable household have only low-income real estate assets' income, jeosinyong, multiple debtors, such as the so-called need a debt measures of vulnerable borrowers' said he pointed out did.

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558 trillion won last year's national pension fund ... Provisional yields 4.75%

[Korea goyounghun financial newspaper reporter] 2016 national pension fund yield totaled 4.75% as provisional.

National Pension Fund Management Committee held its second meeting of year 2017 28. In the meeting, it was deliberate and resolve the pension fund and the pension fund entrusted gyeolsanan adjustments operational target range for year 2016.

According to the meeting, it details the last five years the average pension fund return of 5.07% from 2012 to 2016, while in 2007, 2016 10-year average yield totaled 5.38% as provisional.

By domestic equity asset class 5.64%, 10.13% in foreign stocks, 1.83% domestic bonds, foreign bonds 4.01%, 5.74% domestic alternative investment, alternative investment abroad showed a return of 12.34%.

By the end of 2016, pension funds net assets is 558.2991 trillion won, and the end of the year increased 512 trillion 324.1 billion won compared to 45.975 trillion won (9.0%) in 2015. The net asset value plus the increase in operating income 24.0073 trillion won to 21.9677 trillion won amount of money earned after payroll in premium income.

2016 end of the current national pension reserve funds 558.3 ​​trillion won 557.7 trillion won (99.9 percent) have been operating in the financial sector. Fund 400 billion won domestic stock 102 trillion in investment type (18.4%), foreign stocks 85.7 trillion won (15.4%), domestic debt 282.6 trillion won (50.7%), foreign bonds 23.4 trillion won (4.2%), Korea alternative investments divided by 21.9 trillion won (3.9%), alternative investments such as overseas.



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