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Korea's POBA renews investment strategy to prioritise income, private credit

The Korean pension fund has calibrated its investment strategy to focus on income generation and incorporate private credit into a barbell approach, as it pursues five key investment themes for 2024, its CIO tells AsianInvestor.
Korea's POBA renews investment strategy to prioritise income, private credit
The Korean Public Officials Benefit Association (POBA) has adopted a new strategy to enhance the income-generating assets within its portfolio, highlighting five key investment themes for 2024. Huh Jang POBA “We are focusing on a barbell approach portfolio from this year onwards. Some 70-80% should be allocated to income-generating assets, like fixed income and private credit, that provide stable dividends,” Huh Jang, chief investment officer at POBA, told AsianInvesto…
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