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KTCU to boost foreign assets by 10% this year

Dr Insup Lee
The Korean Teachers’ Credit Union plans to raise its foreign allocation by $750 million. Most of that will go into property via fund managers, and global equities are also set for more flows.
KTCU to boost foreign assets by 10% this year

The Korean Teachers’ Credit Union (KTCU) plans to expand its $7 billion overseas investment allocation by around 10%, or $750 million, this year. Of that, $425 million is set to go into offshore real estate – all via external international asset managers – with a good chunk into global equities.

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