[Herald Interview] ‘Pension service should take more risks’
Sept 18, 2014
The National Pension Service, South Korea’s pension fund manager, should stop playing safe by investing in low-yielding bonds, a notable Korean economist said. Instead, it should be a little more aggressive by seeking riskier assets overseas to secure “medium returns, if not high returns,” through investment diversification, he said. Otherwise, the country’s pension fund will soon run dry up for...