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NPS reveals interest in opening Hong Kong office

The $340 billion pension fund has set itself a long-term goal of opening offices in Hong Kong and Shanghai. However, for now it is focused on stabilising its other overseas bases.
NPS reveals interest in opening Hong Kong office
Korea’s $340 billion National Pension Service (NPS) will look to open an office in Hong Kong and Shanghai in the future, although for now is focused on further establishing its other overseas bases. A spokesman for the world’s fourth largest pension fund had initially told AsianInvestor it was budgeting for a Hong Kong office in its 2013 plans, but that has subsequently been revised. "We think we need to stabilise our existing overseas offices [in New York and London] rather tha…
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