Cohen & Steers names Andrew Shin to lead S.Korea institutional business
US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...
S.Korea’s CDMO giant Samsung Biologics to offer CRO services
Samsung Biologics Co., the world’s largest contract drugmaker, will enter the contract research organization (CRO) market by leveraging its va...
K-pop pilgrimage boosts Seoul ahead of BTS comeback
With the days numbered until all seven BTS members reunite as a group, a K-pop pilgrimage is revitalizing Seoul’s cultural and tourism sectors...
Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an artificial intelligence and robotic...
Now, it’s K-vehicle: KG Mobility, Kia lead S.Korea’s military vehicle exports
South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent cont...
SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services
South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...
NPS to lift stock holdings to 55% by 2030, raising risk appetite
The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as of the end of February, Sou...
S.Korean military fund to make $73 mn commitment to real estate funds
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...
Korean pension funds, insurers seek customized investment vehicles
South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...
POBA bullish on REITs, real estate debts and senior housing
South Korea’s Public Officials Benefit Association (POBA) is betting big on real estate investment trusts (REITs) and senior housing in the US...
Hamilton Lane invests in IMM infrastructure fund in secondary deal
Global private market investor Hamilton Lane Inc. has acquired a stake in Seoul-based alternative investment firm IMM Investment’s infrastruct...
Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million
Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...
S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...
Coupang’s Q1 revenue up; quarterly dip signals rising competition
Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...
S.Korea’s medical tourism thrives on weak currency
Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...
LG CNS breaks into US smart city market
LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...
US PE firm Miri Capital ups stake in Korea’s STIC Investments
US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...
Korean financial firms face growing risks in overseas property investments
South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...
All listed stocks to be available for shorting in South Korea
South Korea will allow short selling of all listed stocks in the country as of Monday for the first time in five years, raising expectations of more...
Hana Asset Management to merge with Hana Alternative Asset
Hana Financial Group, the parent of Hana Bank and Hana Securities Co, will merge its two asset management arms to bolster its non-banking services, ...
Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace
Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...
NPS to buy stake in Australia’s Metrics to expand alternative investments
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has agreed to buy a stake in Australian asset mana...
MBK chairman to leverage own funds to pay Homeplus suppliers
Michael ByungJu Kim, the co-founder, partner and chairman of Northeast Asia-focused private equity firm (PEF) MBK Partners Ltd., is expected to leve...
Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...
KB, Samsung SRA, Capstone named NPS’ core property fund operators
South Korea’s National Pension Service (NPS) has selected three asset managers to oversee its domestic core real estate platform fund — ...
NPS to mull responsible investment system for alternative investments
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is poised to consider expanding its responsible in...
S.Korea’s pension fund NPS to overhaul alternative investment strategy
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...
Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day
South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-st...
S.Korea’s pension fund NPS posts record return in 2024 on US stock rally
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...
S.Korean investors name their 33 favorite alternative asset managers
Blackstone and HarbourVest Partners are South Korean institutional investors’ preferred private equity firms, according to a survey by Korea I...
