Korea’s $990 Billion Pension Fund to Cut Foreign Stock Exposure
South Korea’s National Pension Service will trim its exposure to overseas stocks this year, while marginally raising its domestic equity allocation, recalibrating its portfolio in response to the Kospi’s blistering...
By Jaehyun Eom · Bloomberg Markets
South Korea’s National Pension Service will trim its exposure to overseas stocks this year, while marginally raising its domestic equity allocation, recalibrating its portfolio in response to the Kospi’s blistering rally and the won’s decline.