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NPS, which oversees South Korea’s public pension assets, is the world’s third largest pension fund. As of June 2018, it has total assets under management of around $600 billion, of which $200 billion is being invested globally across 68 markets.
The Fund normally will invest in Japanese-listed companies that BNYMAM Japan believes will benefit from the Japanese Government's "Womenomics" initiative, which seeks to enhance economic growth in Japan through improved gender parity in the workforce.
Mr. Xu will report to Gregory Roath, Head of Global Client Management, Asia Pacific, and be based in Shanghai.