Huge Changes for NPS, Moving to Ultra-Long-Term Strategy The National Pension Service (NPS) is promoting an ultra-long-term portfolio strategy. The purpose is to set up a new asset allocation system for fund management in line with financial projections. This new plan will guide the strategic and tactical asset allocation at NPS. NPS promoted a standard portfolio in 2021, but this did not come to fruition due to extenuating circumstances. The new portfolio has increased asset allocation from 2-step to a 3-step process. The pension service is a long-term investor, and as such must look into the future when allocating assets. The NPS, however, has been allocating assets only in 5-year […]