South Korea

SOUTH KOREA - Former president and chief executive of the South Korean National Pension Service (NPS) Ho Shik Kim has joined the board of Darby Overseas Investments, the private equity arm of Franklin Templeton Investments.

SOUTH KOREA - South Korea's National Pension Service has agreed to sell $1.1bn in US treasuries to the Bank of Korea, a central bank official said.

SOUTH KOREA - Blackstone Group LP, manager of the world's largest buyout fund, will invest US$2bn in South Korean companies, infrastructure projects and real estate, the Korean National Pension Service has said.

SOUTH KOREA - South Korea's National Pension Service, the nation's biggest investor, said it's buying stocks as the deepening credit crisis made equities cheaper.

SOUTH KOREA - South Korea's National Pension Service, the nation's biggest investor, plans to cut its overseas investments and buy domestic bonds to help the nation weather its worst financial turmoil in a decade.

SOUTH KOREA - South Korea's National Pension Service, the nation's biggest investor, said it's in talks to attract a further US$5bn in foreign capital to invest in domestic assets following similar investments.

SOUTH KOREA - The National Pension Service, the world's fifth largest pension fund with US$200bn in assets, has said it is in talks with a couple of foreign banks over stake purchases and will also buy as much as 9trn Korean Won (KRW) ($8.9bn) of South...

SOUTH KOREA - South Korea's National Pension Fund has moved away from US Treasuries because of low yields, according to reports.

SOUTH KOREA - The National Pension Service (NPS) has confirmed it is to invest almost US$22bn over the next ten years as it seeks to buy into energy and mineral resources.

SOUTH KOREA - Prudential Investment & Securities Co. Ltd (PISC) is to launch a utilities fund for institutional and private investors in the South Korean market, sub-advised by ANB AMRO.