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South Korea pension fund backs government push to fix ‘Korea discount’
SEOUL : South Korea’s pension fund supports the direction of the government’s corporate reform plan aimed at resolving the so-called “Korea discount” in the stock market, its investment strategy director said on Thursday.
The National Pension Service, manager of the world’s third-largest public pension fund, will make a decision on whether and to what extent it will allocate its assets after details of the reform plan are available, Director Lee Suc-won told a press conference held in Seoul.
Source: CNA