Among OECD's 34 member countries, Korea ranked lower at No. 23. This rank is based on a survey on 14 categories, including new business capabilities of government, enterprise and individuals, human resource capital, competition system, and product innovation.
Korea's entrepreneurship level has remained stagnant for several years. In the entrepreneurship ranking, Korea, which ranked No. 28 among 130 countries in 2015, climbed up to No. 27 among 132 countries last year but remained unchanged at No. 27 among 137 countries this year.
Korea was also overtaken by Japan whose ranking rose to No. 25 this year from No. 30 last year and No. 33 in 2015.
The National Pension Service (NPS) will further increase the proportion of overseas investment with a higher share of global equities, according to its asset allocation plan for the 2017-2022 period. Global equities will make up around 25% by end-2022, versus&hellip
South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setting their eyes on direct lending and mezzanine notes. In a recent poll of the country’s 20 institutional&hellip
Jae-Sang Kim, who had worked with National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang in asset management firms for several years, was appointed on May 24 to lead the global alternative investment division of the $500 billion pension fund. NPS&hellip