Korea No.1 fund to find voice in corporate governance

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SOUTH KOREA - National Pension Service, South Korea's biggest investor, said its days as a passive investor are coming to an end and that it will begin raising its voice to improve corporate governance and the value of its shareholdings.

The state fund, with $258bn in assets, owns 4% of stocks in the South Korean market. Chairman Jun Kwang Woo said he'll become more vocal as the fund's share holdings rise to as much as 8% of the ma...

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