South Korea market watchdog highlights pension fund's role in market reforms
SEOUL - The head of South Korea's market watchdog stressed on Thursday the importance of the public pension fund's role in the success of ongoing capital market reforms, nudging the fund to invest more in the domestic market.
Lee cited the assessment of market participants that increasing investments in domestic markets by Japan's public pension fund had contributed to the success of its market reforms. Lee's comments came at a forum co-hosted by the FSS, the National Pension Service , the world's third-largest pension fund with 1,147.0 trillion won in assets as of the end of June, and the Korea Exchange.
The NPS in March said it would make a decision on whether and to what extent it will allocate its assets for the government's corporate reform push after assessing details of the plan.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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