Four pension funds fed on a booming local stock market to lock in large investment returns in 2017. But market volatility and trade concerns looks set to slow growth this year.
Tag : ktpf
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.
Korea's pensions and insurers are keen to raise their alternatives and overseas exposure, but lack capabilities in those areas. How are investment heads in Seoul addressing this issue?
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.
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.