NPS builds up its skills

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SOUTH KOREA - The National Pension Service (NPS) of the Republic of Korea has reportedly entrusted about US$2bn to the World Bank and two investment firms in an effort to boost its investment skills.

The NPS, which currently has more than $200bn in assets under management, said it would entrust the World Bank with about $1bn for investment in offshore bonds over the next two years. It also ...

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