The book that steered POBA's ex-CIO towards alternatives
A former pension fund executive explains how he found inspiration for his career from a famous investor’s book that he labels a must-read for understanding how to manage alternative investments.
In 2015, Jang Dong-hun faced an exciting new opportunity in his career as he took on the role for chief investment officer at Korea’s Public Officials Benefit Association (POBA), one of the country's largest pension funds.
It also posed significant challenges. With a background primarily in public equities, he faced the task of managing a portfolio with an annual risk-adjusted return target of 5%.
Jang Dong-hun
“I was trying to find information and knowledge to be well p…
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