The hiring spree for 22 newly created positions is the largest by the Korean sovereign wealth fund since 2015. The new program includes 15 investment management openings.
Korea Investment Corporation (KIC) and the National Pension Service (NPS) plan to enhance overseas voting rights and mandatory ESG filings for overseas companies.
Korea's sovereign wealth fund has established a new dedicated responsible investment team amid a restructuring. The fund has also appointed new leaders for its alternative and public assets teams.
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.
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.
Korea's sovereign wealth fund is sharing investing knowledge with public investment peers, even as it seeks to invest money for more of them.