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NPS’s zero-hedge target tipped to spark trend

The $510 billion Korean pension fund aims to remove increasingly costly FX hedges on its dollar investments, in a move that others may mimic, according to ANZ research.
NPS’s zero-hedge target tipped to spark trend

South Korea’s National Pension Service, the world’s third largest retirement fund, aims to remove all the dollar hedges on its foreign bond investments – and other domestic investors may follow suit, according to ANZ research.

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