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.
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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