Korea’s NPS Receives QFII Status in China
The fourth largest pension fund in the world, Korea’s National Pension Service (NPS) can now trade renminbi-denominated stocks and bonds in mainland China as a qualified foreign institutional investor (QFII). Korea’s NPS was founded in 1988 and established under the National Pension Act. In early 2006 the NPS launched an overseas investment team.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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