The $20 billion Korean public pension fund will reduce fixed income exposure both at home and overseas to below 35% by the end of this year, and to below 31% by end-2025.
The $20 billion public pension fund plans to raise its alternative asset allocation from 20% to 24% by the end of this year, and to over 30% by end-2025, fueled by overseas investments.
Two asset owners - one from Korea and the other from the Philippines - describe how overseas and alternative assets are the best hedge against inflation and rate fears.
In the second of a two-part series, we asked asset owners where they see overvaluation in markets today and the key lessons learned from the global financial crisis.
Influential investors GIC and Temasek, along with other Asian asset owners, are showing increasing concern about the escalation of the US-led trade conflict.