KTPF hires former Allianz Korea head as CIO
The Korean pension fund picked the former investment head of Allianz's local business out of 28 applicants to run its asset allocations, and hired six firms to manage its equities.
On December 15, the Korea Teachers Pension Fund (KTPF) appointed David Park as chief investment officer to oversee the management of W13 trillion ($11 billion) of assets under management. In the same month the pension fund appointed six asset managers to run its domestic equity fund, after having conducted due diligence on 38 firms.
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