Covid-19 pushing Korean pensions into local assets

Korean pension funds look set to increasingly shift new asset inflows into domestic markets if the lockdowns caused by the Covid-19 pandemic continue to restrict their ability perform due diligence on overseas assets. The funds receive net inflows of new assets each year as workers set aside some of their salaries for retirement. However, the pandemic has curtailed investment teams from travelling abroad and prevented specialists of many international fund from visiting Korea sinc…