Korea's military fund to boost green investments

The Military Mutual Aid Association (MMAA) of Korea, with $6.8 billion of assets under management, will make new strategic investments in so-called "green-growth industries" this year, says Jin Yeong-Ho, chief investment officer of financial asset management. "Green growth" is a new Korean national development theme, supported by the government and intended to spur growth and create jobs with green technology and clean energy. The MMAA is one of four welfare-orientated credit-union …