Gold has new Asian buyers! South Korean pension funds consider gold and commodities
South Korea's largest pension fund plans to invest in gold, commodities, and private real estate investment trust funds (REITs), with implementation expected as early as next year
According to media reports, the National Pension Service (NPS) of South Korea is considering starting to invest in gold, commodities, and private real estate investment trust funds (REITs).
Public information shows that NPS is the largest pension fund in South Korea, responsible for managing retirement funds for public sector employees.
Currently, NPS's alternative investments (investment types other than stocks and bonds) are limited to hedge funds, real estate, and private equity. However, the institution has been seeking to diversify its investment portfolio to increase returns and reduce the impact of market fluctuations on its asset value.
If NPS finalizes its targets in the second half of the year, investments in gold, commodities, and private REITs may be implemented as early as next year