Korea Teachers’ Pension to remain overweight in high-quality credit bonds
The $20 billion Korean public pension fund will reduce fixed income exposure both at home and overseas to below 35% by the end of this year, and to below 31% by end-2025.
Korea Teachers’ Pension will remain overweight in high-quality credit bonds across all maturities, though, in response to the low interest rate environment, it plans to cut its total exposure to fixed income by 4% by 2025.
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