South Korea

SOUTH KOREA/FRANCE - South Korea's National Pension Service said it plans to buy a 51% stake in a shopping mall near Paris for about 350bn won ($300m), adding to property investments in London and Berlin.

KOREA - South Korea's National Pension Service plans to spend a net KRW6.9trn (US$5.6bn) boosting its domestic equity allocation next year, predicting gains as growth in the country outpaces the global economy.

GLOBAL - The International Corporate Governance Network (ICGN) called on G20 leaders gathered in Toronto at the weekend to strengthen shareholder rights in the aftermath of the global financial crisis.

South Korea - BNY Mellon Asset Management is to offer discretionary management services in Korea after receiving approval from the country's Financial Services Commission.

SOUTH KOREA - South Korea's National Pension Service, the nation's biggest investor, said an asset manager which is bidding for a US oil pipeline approached it about possible investment.

SOUTH KOREA - Corporate pension assets in South Korea could nearly triple by the end of the year to KRW40trn (US$32bn) once new tax rules come into effect, Towers Watson estimates found.

SOUTH KOREA/UK - The US private equity owner of Gatwick airport has confirmed that it will sell a 12% stake to South Korea's state pension fund.

AUSTRALIA/SOUTH KOREA - South Korea's National Pension Service, the nation's biggest investor, bought an office building in Sydney for A$685m (US$626m) to diversify its investments as Australia's economy strengthens.

KOREA - Institutional investors with a combined US$2.5trn in assets under management have written Korea's Ministry of Justice asking it to refrain from introducing anti-takeover measures known as poison pills into its Commercial Code.

SOUTH KOREA/UK - South Korea's National Pension Service has agreed to buy HSBC Holdings' London headquarters for £772.5m (US$1.3bn) in cash.