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KM Financial Solutions | REFILE-South Korea’s $579 bln pension fund to boost overseas investment
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REFILE-South Korea’s $579 bln pension fund to boost overseas investment

29 May REFILE-South Korea’s $579 bln pension fund to boost overseas investment

Posted at 04:35h in News by
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By Haejin Choi
SEOUL, May 30 (Reuters) – South Korea’s National Pension
Service (NPS) said on Wednesday it would significantly increase
its asset allocation to overseas and alternative investments to
diversify its holdings.
NPS, the world’s third-largest pension fund with around 68
percent of its $579 billion portfolio invested in South Korea,
has been pressured to diversify beyond the limitations of South
Korea’s economy.
The fund is seen

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