SOUTH KOREA - National Pension Service, South Korea's biggest investor, said its days as a passive investor are coming to an end and that it will begin raising its voice to improve corporate governance and the value of its shareholdings.
The state fund, with $258bn in assets, owns 4% of stocks in the South Korean market. Chairman Jun Kwang Woo said he'll become more vocal as the fund's share holdings rise to as much as 8% of the ma...
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