NPS to add nearly 40 staff, restructure overseas asset team

The National Pension Service (NPS) has appointed two heads to lead its newly divided global investment division and will go on a hiring spree for nearly 40 new executives, as it seeks to add to several business units and aggressively expand its offshore investments, AsianInvestor can reveal. The Korean institution is also splitting its alternatives risk management division into two. The world's third-largest pension fund, which had W772 trillion ($700 billion) in assets at the e…