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Korean investors look to NPS as Japan tensions rise

Richard Newell
Amid concerns about the effect of the Japan-Korea trade war on the global economy, Korean asset owners are being pressured to act on the issue.
Korean investors look to NPS as Japan tensions rise

As the trade war between Japan and South Korea escalates, Korea’s largest public pension fund, the $580 billion National Pension Service (NPS), is coming under increasing pressure to divest from companies connected with Japan’s wartime activities. Other Korean asset owners are looking to the NPS for direction, say local observers.

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