Pension Funds

Cbus portfolio management head departs; Value Partners hires former Amundi executive; HESTA names new CFO; Blue Owl hires APAC private wealth head from Fidelity; M&G adds to APAC institutional distribution team; and more.
Weekly roundup of people news, May 10
The Korean national pension fund is embracing a new investment approach, allocating capital across asset classes to boost returns. The fund is prioritising riskier assets, such as equities and alternatives, as evidenced by a recent $1.1 billion external mandate that exemplifies this strategic shift.
NPS seeks more risk with asset allocation shake-up