Korea’s Pension Fund Raises Domestic Stock Target as Kospi Soars

South Korea’s giant pension fund sharply ramped up its allocation target for domestic equities, a move that may help it avoid forced sales of Kospi shares after the recent rally...

By Susie Kang, Shinhye Kang · Bloomberg Markets

South Korea’s giant pension fund sharply ramped up its allocation target for domestic equities, a move that may help it avoid forced sales of Kospi shares after the recent rally pushed its holdings above the limit.