Pension funds, insurers, institutions, consultants and government officials gathered at The Westin Chosun in Seoul for AsianInvestor’s 8th annual Korea Institutional Investment Forum on June 12.
Attendees discussed the development of Korea's corporate pension funds, and whether hedge funds could add value to Korean portfolios and opportunities in Asian alternative credit.
Panelists confirmed that Korean institutions are being driven to raise overseas exposures to counter size limitations and low yields in their domestic market, creating opportunities for global fund houses, as reported.
Meanwhile Choo Heung-Sik, CIO at Korea Investment Corporation, praised KIC's overall performance since it started international investment in 2006 as phenomenal, suggesting coverage of the institution's loss-making investment in Merrill Lynch in 2008 had been overblown.
To see a gallery of photos from the forum, please click here.