| Australian infrastructure and real estate investment will be a target for South Korea’s $US405 billion ($433.4 billion) sovereign pension fund over the next five years as the fund significantly cranks up its offshore investments.
The head of investment strategy at the National Pension Service (NPS), Yoon Pyo Lee, said the fund planned to lift its total offshore investments by $US159 billion to $US237 billion over the next five years. NPS is the fourth-biggest sovereign pension fund in the world. More importantly it sets the investment allocation benchmark for all other large pension funds in Korea..............................................Full Article: Source
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