They are doing so in response to Asia-Pacific institutions rising appetite for assets such as hedge funds, private equity and real estate.
Tag : korea teachers pension fund
Park Min Ho, previously head of KTPF's investment strategy team, is mulling more aggressive allocations in alternatives and looks to diversify assets globally as CIO.
The $11 billion pension fund picks Hamilton Lane and Paul Capital to invest $30 million each in global private equity plays as it moves to increase its international PE exposure.
Even the mighty National Pension Service lacks the internal capacity required as it and local peers expand international investments.
South Korean institutions say they will increase their allocation to emerging-market equities, particularly Chinese stocks.
The KTPF, which this year was chosen by the Ministry of Strategy and Finance as the best-performing Korean pension fund, appoints education veteran Byun Chang-Yull as chairman for a three-year term.
Pension funds and insurers in South Korea are pleased with their response to the global financial crisis and more confident about future investment plans, including those for alternatives.
The $9 billion Korea Teachers Pension Fund is also interested in allocating more to alternatives, says CIO Lee Yun-kyu.
Goldman Sachs Asset Management will focus on improving the Korea Teachers Pension FundsÆ risk-return profile as it ventures into equities markets overseas for the first time.
Following in the footsteps of the National Pension Service, smaller institutional investors in Korea are lining up partners with an eye to training.