Taiwan’s Bureau of Labor Funds is reporting that record-breaking returns on investments from the country’s two labor funds totaled over US$22 billion with an average return rate of almost 13 percent.
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00:00 Taiwan's labor fund has reported record-breaking returns for 2023, outperforming a similar
00:07 scheme in South Korea.
00:09 Returns on investments in the country's two labor funds totaled over 22 billion U.S. dollars
00:15 with an average return rate of almost 13 percent.
00:19 As of December, the funds grew to just over 200 billion dollars, marking a new annual
00:23 record.
00:24 The world's second-largest pension scheme in South Korea saw 9 percent growth in 2023,
00:30 while Norway's Wealth Fund, the world's largest, saw returns of just over 16 percent.
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