National Pension Service to open London office

The Korean National Pension Service (NPS), one of the world’s biggest pension funds, is to set up a new base in London. The NPS announced the decision after a meeting between its chairman, Jun Kwang-woo, and the deputy prime minister, Nick Clegg, who is visiting Seoul for the Nuclear Security Summit.

Korean pensioners buy in to London

At a total cost £1,040.5m, the National Pension Service of South Korea, the fifth biggest pension fund in the world, has bought three properties in London. These are half of a six storey commercial building in Grosvenor place, followed by a tower at 88 Wood Street in the heart of the City. But the most […]