Yellow Umbrella's new CIO to spur alternative investment

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 alternativ...

POSCO’s Pohang workers to leave umbrella steel union group

One of two labor unions at Korea’s largest steelmaker POSCO will leave its umbrella group, the Korean Metal Workers’ Union (KMWU), follo...

Yellow Umbrella sets sights on warehouses, secondaries

The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further reduce the proportion o...

Ex-police fund CIO picked to lead Yellow Umbrella Mutual

Lee Do-yoon, a former chief investment officer of South Korea's Police Mutual Aid Association (PMAA), has been named as CIO of the Yellow Umbrella M...

Yellow Umbrella Mutual to deploy $135 mn to blind pool funds in 2021

South Korea's Yellow Umbrella Mutual Aid Fund will commit about 120 billion to 150 billion won ($108 million-$135 million) to blind pool funds of ve...

Yellow Umbrella Mutual seeks Korea's bond managers for $550 mn mandate

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, is looking to mandate four domestic fi...

Yellow Umbrella Mutual Aid to bolster global PE, VC portfolios

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, will diversify its fixed income-heavy po...

Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...

Yellow Umbrella Mutual commits $540 mn to overseas debt funds

Yellow Umbrella Mutual Aid Fund, a savings arm for South Korea’s small-sized business owners, has committed $540 million to overseas debt funds ...