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NPS seen to face hurdles in stewardship code adoption

Ernest Chan
South Korea's biggest pension fund is moving in the right direction but deep ties to segments of the capital market make independent monitoring a challenge, say experts.
NPS seen to face hurdles in stewardship code adoption

The decision by South Korea’s National Pension Service (NPS), which was embroiled in a political scandal involving its former chairman earlier this year, to adopt the country's stewardship code is likely to face some tough challenges in implementation, experts have told AsianInvestor.

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