South Korea’s massive US$800 billion National Pension Service (NPS) could be reversing its global diversification push with reports that it will plunge KRW11 trillion (US$8.2 billion) into domestic public equities, after reporting its best ever annual return.Record Performance Across All Asset ClassesNPS’s AUM was KRW1,036 trillion (US$805 billion) at end-2023...
South Korea’s massive US$800 billion National Pension Service (NPS) could be reversing its global diversification push with reports that it will plunge KRW11 trillion (US$8.2 billion) into domestic public equities, after reporting its best ever annual return.Record Performance Across All Asset ClassesNPS’s AUM was KRW1,036 trillion (US$805 billion) at end-2023...