Korea pension giant NPS bolsters operating system to manage risk amid market volatility

Korea’s National Pension Service (NPS) is strengthening its operating system to better manage portfolio risk amid uncertainty in global markets, according to Won Joo Seo, executive fund director and chief investment officer of the pension giant. He said that even though the pension fund achieved a “good” record  18.82% investment return last year, it remains vigilant over rising volatility in Korean and international markets. “Global market uncertainty and transformation are becoming more complex and structural. Competition among countries in security, industrial policy...