In Focus: NPS recruitment struggles spark concerns
Korea’s national pension fund - the world’s third-largest pension fund - is struggling to ensure a much-needed supply of in-house investment professionals to execute its investment ambitions.
A scenario in which a fund had less than 55% of its targeted staff would be an issue in any organisation. However, that is the reality for the investment arm of Korea’s National Pension Service (NPS), after it moved its headquarters away from the national capital Seoul.
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