Seoul's national pension fund to up stock investment in 2015
Seoul's national pension fund to up stock investment in 2015
Seoul - Yonhap
South Korea's national pension fund plans to raise its stock investment in 2015 while cutting its exposure to safer assets in a bid to boost its return, the welfare ministry said Friday.
According to the ministry, the National Pension Service (NPS), among the world's big four pension operators, will raise the portion of local stocks in its overall investment portfolio to 20 percent next year from 19.7 percent at the end of last year, while slashing its exposure to local bonds to 52.9 percent from 56.1 percent over the cited period.
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