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Korea’s POBA sold assets, tweaked hedging to weather 2022

While dealing with global turmoil in markets, the Korean public pension fund faced capital calls and forex fluctuations, its CIO said.
Korea’s POBA sold assets, tweaked hedging to weather 2022
While 2022 was an unusual year for asset owners universally, the year proved even more of a challenge for Korea’s Public Officials Benefit Association (POBA). Huh Jang, POBA While facing turmoil in global markets, the pension fund that works as a mutual aid fund also faced its own unique turmoil that required swift action and adjustments to stabilise fund management, Huh Jang, chief investment officer at POBA, said after receiving AsianInvestor’s award for best regional as…
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