S Korea hunts asset managers

clock

SOUTH KOREA - South Korea's US$202bn National Pension Fund is to commission foreign asset managers to increase its domestic and overseas equity allocation, as bonds fall out of favour.

Following a fall in yield of nearly 50% in three-year government bonds, the country’s largest institutional investor has decided to reallocate some of its 78.1% holding in the asset class. In contr...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on South Korea

Mercer launches IM service in Korea

KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.

clock 27 September 2011 •

NPS injects $234m into Titleist consortium - reports

SOUTH KOREA - The National Pension Service is understood to be investing 250bn won ($234.3m) into a Korean-led consortium for its project to buy golfing equipment brand Titleist, according to reports.

clock 04 July 2011 •

Korean sovereign wealth fund adopts non cap-weighted indices

KOREA - The $37bn Korea Investment Corporation has chosen three FTSE non-capitalisation weighted indexing strategies making it the first Korean institutional investor to take this route, according to the FTSE Group.

clock 14 June 2011 •
Trustpilot