As the pension fund ties manager selection to local proximity, a city in the country's west is now grabbing the attention of local and global asset managers alike.
Phil Lee
South Korea plans to broaden the sovereign wealth fund's mandate with a KRW20 trillion strategic investment vehicle focused on critical industries.
The National Pension Service is expanding its responsible investment framework into private equity, real estate and infrastructure.
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Korea Investment Corporation told AsianInvestor there will be no delays to its investment strategy or TPA rollout, even as the fund builds a new CIO candidate pool from scratch.
