Korea’s NPS appoints panel of transition managers

Mar 31, 2011

BlackRock, Credit Suisse and Nomura have been chosen to act as transition managers by Korea's National Pension Service, as it increasingly looks to outsource its investments.

Korea's National Pension Service (NPS), the $283 billion state pension fund, has appointed BlackRock, Credit Suisse and Nomura to what is believed to be its first formal panel of transition managers, AsianInvestor has learned.

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