Can one portfolio fit Korea’s W500tr pension market?

South Korea is preparing to overhaul its 500 trillion won ($341.7 billion) retirement pension market to lift chronically low returns through professional fund management. But industry officials warn that the emerging design could place all workers in a single portfolio, regardless of their age or proximity to retirement. A portfolio invested 60 percent in stocks and 40 percent in bonds has emerged as the leading option in discussions, according to industry sources familiar with the discussions T

By The Korea Herald