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Why Korea's Poba has avoided distressed debt assets

Jaycee Man
Asset owners and managers alike have flocked to the distressed debt universe, but the CIO of Korea’s Public Officials Benefit Association has so far not invested into such assets.
Why Korea's Poba has avoided distressed debt assets

The Covid-19 pandemic has put many companies globally under financial strain, accelerating the growth of the distressed debt asset class. That is drawing interest from some asset owners – but not all of them. 

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