NPS minutes show domestic equity target raised to 28.8%; chairman says suspension unanimous, helped returns

Minutes show South Korea's National Pension Service raised its domestic equity target to 28.8% from 14.4%, sparking a ruling-opposition dispute at the National Assembly audit. Chairman Kim Seong-ju said the rebalancing suspension was unanimous and helped actual fund returns; the opposition alleges it propped up the market.

Detected & updated continuously · Source: Nebula

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National Pension Service of South Korea

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