The move is part of an asset owner partnership strategy to help Poba increase its direct investments, and it offers the pension fund a good strategic overlap.
With only a six month addition to Hiromichi Mizuno’s tenure, it is unclear who will execute the world largest pension fund’s extended investments plans, which face a revamp in early 2020.
Diversification bids the Korean asset owner to expand its geographic focus. The move comes after years of consideration, its CIO tells AsianInvestor.
Securities companies are leading the way for Korean overseas property investments. But they are taking increasingly large bets by doing so.
The AUM of Australian pension funds boomed last year, outstripping their peers across the rest of the Asia-Pacific region, AsianInvestor's annual AI300 rankings show.
Its latest technology investment will boost the Chinese insurance group's auto insurance business. But, the VC fund head tells AsianInvestor, further gains are expected.