Watson Wyatt wins NPC mandate

The National Pension Corporation, which manages the $53 billion national pension system for South Korea - the nation's largest pension fund - has just mandated Watson Wyatt as its investment consultant for international investments, according to market players.The move is not only significant as a piece of business for Watson Wyatt, which affirms its lead in mainland Asia's investment consulting market, but for launching Korea's institutional presence overseas.Korean investors, both r…