The military pension fund promotes its head of securities investments to one of its two CIO roles, as Lee Sang-ho departs. The move comes two years after a structural shake-up.
Tag : military mutual aid association
In an attempt to improve the performance of its property investments, Korea's public pension fund the Military Mutual Aid Association has appointed two chief investment officers in charge of separate divisions.
The $7.2 billion fund hires Seok-Hwan Park, who has worked for Barclays Global Investors in Hong Kong, to run asset management and investments after his predecessor resigned.
Three-star general Kim Jin-hoon takes charge of South Korea’s $7 billion Military Mutual Aid Association.
The Military Mutual Aid Association is shifting to emerging-market equities as it diversifies away from heavy positions in real estate.
