The shortlist of core platform funds that the market has been anxiously awaiting has been finalized by the NPS (National Pension Service). The NPS announced that it would invest a total of KRW 750 billion last August by selecting three core platform fund managers that will receive KRW 250 billion each. The NPS is selecting core fund managers is the first time since 2018, and domestic and foreign asset management companies have shown great interest due to the lack of market liquidity. More than 20 domestic and foreign participated in the call for proposals that were due on December 20 last year. The NPS has subsequently conducted quantitative […]