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Scrutiny keeps S Korea pension fund from higher returns
Published Thu, Oct 22, 2015 · 09:50 PM
Seoul
LAST year, investment managers at South Korea's National Pension Service (NPS), which oversees US$430 billion in assets, were looking to buy a portfolio of blue chip stocks from emerging markets including South-east Asia.
The investment was to have been part of a push to diversify a heavily domestic portfolio, but ultimately the world's third-largest pension fund took a pass.
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