KoreaÆs NPC takes more risk

South KoreaÆs W180 trillion ($190 billion) National Pension Corporation (NPC) is shifting its asset allocation to take on more risk, according to executives at the organisation.NPCÆs executive committee, with the approval of its regulator, the Ministry of Health and Welfare, has recently approved a new five-year plan. After years of experimenting with international outsourcing and new asset classes such as real estate and private equity, the NPC is now supposed to adopt a more risk-ta…