Regional asset owners are still wary of volatile cryptocurrencies, but they say central bank-backed digital currencies could become investment friendly over the next five to 10 years.
The country's lifers are seeking high-quality overseas assets to strike a balance between risk and return. However, new capital rules from 2023 are making these choices harder.
A lack of proper valuation tools, major volatility and questions around regulations and tax all prevent the digital currencies from gaining the favour of the nation's cautious asset owners.
The world’s third-largest pension fund intends to hire over 50 new investment team members, with a particular focused on domestic and overseas alternative investment.
Asset owners and property investors are finding it increasingly difficult to spot quality investments, due to an inflow of money and a lack of willing sellers.
Experts believe the Korean sovereign wealth fund's new head will need to prioritise raising sustainable investments and private asset investing, along with returns in general.