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Korea’s NPS resists pressure to raise local stock investments

Jolie Ho
The third-largest pension fund in the world is still planning to reduce domestic equities despite calls from retail investors for it to support local stock prices.
Korea’s NPS resists pressure to raise local stock investments

The National Pension Service (NPS) of Korea is keeping its plan to sell its position in local stocks and increase allocation to overseas investments, despite mounting criticism from local retail investors that this recent sale of equities is causing their prices to fall.

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