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Korea pension CIOs turning away from active

GEPS and Poba will be using more ETFs in 2019 as the higher fees associated with active management become harder to justify. And it's not just in equities; credit is also in the frame.
Korea pension CIOs turning away from active

Passive equity products, especially exchange-traded funds (ETFs), are gaining appeal at some of Korean public pension funds just as actively managed equity funds lose theirs.

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