Its head of infrastructure revealed the insurer’s asset allocation targets at AsianInvestor’s latest Private Assets Investments Week
The ease of direct investments into property firms and the availability of niche sectors in the US have drawn asset owners such as Australia’s Aware Super and Korea’s Poba.
The National Pension Service believes better governance and a more consistent strategy will be the results of keeping its chief investment officer in place - and industry experts agree.
The Korean sovereign wealth fund cut growth stocks in the technology, media and telecom sector in favour of bluechips, and is looking to Europe as the US-China spat deepens.
Uncertainty from Covid-19 and due diligence challenges have prompted real estate investors to favour blind pools over large-scale projects.
With assets under management reaching $195.7 billion at the end of May, the Korean sovereign wealth fund is continuing to raise its game with alternative assets.