Korean scheme to complete outsourcing

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The $250bn National Pension Scheme in Korea is set to be completely outsourced with the appointment of investment managers for its KRW500m ($388.650) global active balance portfolio and its KRW150bn ($117m) Korean private equity portfolio at the end of August.

The fund’s main focus is currently global equities, including US equities, European equities, Japanese equities and emerging markets. The National Pension Scheme is also looking to appoint a cus...

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