Nimbler NPS to help unleash bolder alts approach

National Pension Fund (NPS) has outlined plans for a bolder and broader approach to investing in alternatives, and not a moment too soon after the Korean behemoth posted a negative overall return last year. By allowing greater operational autonomy the world’s third-largest pension fund hopes to streamline some of its decision-making processes to help bump up its allocations to alternatives and get its five-year return target back on track.  “NPS has missed on opportunities in th…