Korea’s NPS to Allocate 2 Plus Billion into Hedge Funds

After carefully studying hedge funds, Korea’s National Pension Service (NPS) plans to allocate 2.5 trillion won (US$ 2.27 billion) into the asset class. Hedge funds are looking more offshore to raise money, as a number of large U.S. pensions and European pensions have rebuffed them. The allocations will most likely occur near the end of 2015.

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