01.07.2009 - S.Korea pension fund to raise stock, property buys
From Guardian: South Korea said on Tuesday the state-run pension fund, which manages $200 billion, is set to boost the portion of its holdings in stocks and property in 2010 while reducing bonds in its overall investment mix. By shifting funds to stocks and away from bonds, the National Pension Service is adopting a slightly riskier profile, which one fund manager said reflected a need to boost returns to support pension payouts to an ageing population.........Full Article: Source
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