Korea’s bond fund market recorded the greatest net outflows during the third quarter as traders priced in Bank of Korea rate hikes amid inflation concerns.
While other asset owners were making a fortune in the stock market, Poba gained 80% of its W1 trillion ($851 million) investment return in the first half from alternative assets globally.
The CIO of the Korean pension fund also plans to raise allocations to overseas property and scale up its private debt exposure through partnerships with overseas asset owners.
Asset owners and managers alike have flocked to the distressed debt universe, but the CIO of Korea’s Public Officials Benefit Association has so far not invested into such assets.
The CIO of Korea’s Public Officials Benefit Association tells conference delegates how it will expand its real assets investing drive and find better hedging solutions to cope with FX risks.
Jang Dong-hun, CIO of Korea’s Public Officials Benefit Association, discusses how and why he is ramping up alternative and overseas exposure, along with passive equity investments.