National Pension Service headquarters in Jeonju, North Jeolla Province South Korea’s largest institutional investor, the National Pension Service (NPS), managing 1,150 trillion won ($870.6 billion) in assets, struggles to recruit investment managers, raising concerns about the quality of
National Pension Service Chairman Kim Tae-hyun speaks at San Francisco office South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on September 5.The new office in the One Bush Podium building in downtown
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of this year as of August 31, according to its preliminary report on Friday. As of the first half, the fund's assets stood at 1,147 trillion w
National Pension Service's headquarters in Jeonju, North Jeolla Province, Korea (Courtesy of NPS) South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partners LLC, JKL Partners Inc., Praxis Capital Partner
Gangman Business District in Seoul South Korea’s Public Officials Benefit Association (POBA) is set to commit 150 billion won ($108.5 million) in preferred stocks for offices in Seoul and Pangyo, the country’s so-called Silicon Valley, on expectations that the value of preferr
The Yellow Umbrella Mutual Aid Fund logo (Courtesy of Yellow Umbrella) The Yellow Umbrella Mutual Aid Fund, a 25.4 trillion won ($18.5 billion) savings arm of South Korean small business owners, has tapped an alternative investment expert as the new chief investment officer.The mutual aid assoc
Public Officials Benefit Association CIO Huh Jang speaks at ASK 2024 on May 22 South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 billion), is keeping a close eye on data centers, senior housing a
Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firms, according to a survey. Ares Management and Golub Capital are the Korean limited partners’ favorite private debt managers, the survey sho
Huh Jang, CIO of Public Officials Benefit Association South Korea’s Public Officials Benefit Association (POBA) will step up its private credit and bonds until next year as it expects high interest rates to last for a while, said Chief Investment Officer Huh Jang in a keynote speech at AS
(Courtesy of KIC) Korea Investment Corporation (KIC) entrusted most of its money for investments in alternative assets such as real estate and private equity to foreign managers, causing calls for more assignments to local financial companies for such deals.The world’s 14th-largest sovere
Lee Kyu-hong, chief investment officer of Teachers' Pension Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds while increasing exposure to global alternative assets in the mid to long term.The fund is
South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative investments and buy less debt as part of its long-term goal to boost profitability.According to its five-year asset allocation plan finalized at
National Pension Service (NPS) branch in Seoul (Courtesy of News1) National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year underperform the benchmark (BM) by more than 300 basis points, slashing the relati
Huh Jang, CIO at POBA, speaks at ASK 2022 Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, while strengthening standards for selecting general partners in terms of track records and risk management,
Huh Jang named the new CIO of POBA Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief investment officer, according to financial industry sources on Feb. 10. His term in office will be three years from
Huh Jang, POBA CIO, speaks to The Korea Economic Daily Public Officials Benefit Association (POBA) of South Korea will keep its focus on steady cash flow while strengthening profitability, its Chief Investment Officer Huh Jang said.Huh said POBA will increase assets for income gain, such a