A large number of South Korea pension funds are turning to local stocks, The Wall Street Journal reports. The move comes following a plunge in the Korea Composite Stock Price Index.
Pension funds have invested $191.12 million in the asset class so far. They purchased $438.48 million billion worth of shares between August 2 and August 4. The National Pension Service made majority of the investments.
Click here for the story from The Wall Street Journal.
