How Korea’s NPS could invest $240 billion offshore

The National Pension Service (NPS) of Korea is likely to bring more of its offshore fixed income and equity investing inhouse while scaling up overseas alternative asset partnerships, as part of an ambitious plan to more than double its foreign investments to W550 trillion ($460.3 billion) by 2025. On Friday (July 31), the pension fund revealed at its annual committee meeting that it would seek to invest 55% of its assets into overseas assets by 2025, up from an existing target of…