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S.Korea's NPS says to resume overseas investments

Wed May 20, 2009 11:04pm EDT

HONG KONG, May 21 (Reuters) - The CEO of South Korea's National Pension Service (NPS), which manages $200 billion in assets, said on Thursday it plans to resume overseas investments next month, with increased exposure to equities.

Private Capital  |  South Korea

Park Hae-choon, CEO of the world's fifth-largest pension fund, said that NPS plans to invest in infrastructure and undervalued non-government bonds.

($1=1252.5 Won)

(Reporting by George Chen)

(Written by Michael Flaherty; Editing by Jonathan Hopfner)

Private Capital
South Korea


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