Korea's KFCCC criticises regulation of asset owners

Jul 11, 2013

Jeung Jae-ho, CIO at the $30 billion Korea Federation of Community Credit Cooperatives, calls for supervision aligned with investment objectives.

Korea's KFCCC criticises regulation of asset owners

The biggest challenge to how one of Korea’s biggest institutional investors manages its assets is how it is supervised. Jeung Jae-ho, CIO at the $30 billion Korea Federation of Community Credit Cooperatives (KFCCC), is calling for ministries and government auditors to take a more holistic, longer-term stance when evaluating fund managers’ performance.

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