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... orea’s National Pension Service impossible to ignore. Just in terms of size, that is.”

Pierce wasn’t wrong. Surprisingly, South Korea’s National Pension Service is the third-largest pension fund in the world. Right after Japan and Norway. It’s even larger than China in terms of assets.

The problem is—

“It has almost no presence.”

When you work in investment banking, you feel this reality all the more painfully. In the global capital markets, South Korea is still t ...

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