Korea’s Poba hints at diversifying assets

The recently reappointed chief investment officer at Korea’s Public Officials Benefit Association (Poba) has hinted that the $5 billion fund may seek to change its risk/return parameters. Hyun Bong-Oh, who joined Poba last November for a three-year term, notes there are no official restrictions on its portfolio allocations or strategies (unlike other official pension funds in Korea). As such, he says, it can be more flexible in that regard in terms of pursuing investment opportu…