NPS CIO Seo Won-ju Expanding Alternative Investment to Increase Returns Last year, the National Pension Service (NPS) recorded a fund management return of 13.59%, the highest in its history, and CIO Seo Won-ju announced plans to further increase the rate of return by expanding alternative investment. Seo spoke on large simultaneous declines in stocks and bonds last year due to geopolitical risks including prolonged war and the global financial market crunch. As a long-term investor, the NPS has diversified risks by increasing the proportion of risky overseas assets and diversifying alternative investments to respond to market volatility. Expanding alternative investment will continue to increase returns. A standard portfolio […]