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S Korea State Pension Fund To Increase EM Mkt & HY Debt (RTRS)

EMERGING MARKETS

"South Korea's National Pension Service (NPS), the world's third-largest pension fund, said on Friday it will expand investment in emerging markets' treasury bonds and high-yield bonds. "It is necessary to expand overseas investment with various opportunities and high performance for stable management of the fund and finances," Health and Welfare Minister Park Neung-hoo told a meeting. The NPS has already said it would raise its allocation of overseas assets to 55% by 2025."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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