The Government Employees Pension Service is tipped to see fierce competition for its CIO vacancy. It has also seen its head of overseas investment join KB Asset Management.
Cho Jaemin returns to Korea's KB Asset Management with ambitious plans, as the firm considers putting offices in Singapore and the US to offset slow growth at home.
For Korean asset managers, good times depend on poor stock market performance, reflects KB Asset Management's chief executive Cho Jaemin.
KB Asset Management is one of the few firms in Korea to combine strategic investment styles under one roof. Its chief, Cho Jaemin, thinks locals will soon come to realise the benefits.
Lee Won-Ki has left his post as chief executive of KB Asset Management to head Prudential's South Korean fund management business.