Jang Dong-hun, the former CIO of Korea’s Poba stresses the importance of competitive pay and a sense of mission for public pension finance professionals.
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.
The world's largest pension fund endured a 2017/2018 fiscal year with ups and downs, and 2019 might be the year where it parts ways with perhaps its most important asset: its CIO.
A solid track record and an international profile are among the factors named for David Park, the preferred prospect to lead investments at South Korea’s sovereign wealth fund.
A more streamlined decision-making process could help Korea’s public pension fund to benefit more from alternatives as it hunts higher and more stable returns.
GEPS and Poba will be using more ETFs in 2019 as the higher fees associated with active management become harder to justify. And it's not just in equities; credit is also in the frame.
Wary of a potential "day of reckoning", the Korean duo outlined how they are seeking more control of their alts investments at AsianInvestor’s Institutional Investor Forum in Seoul.
Four eligible firms have missed out in this first round of appointments by China’s state retirement fund under the country's public pension fund scheme.
Eligible asset managers must submit applications by October 31 under the new public pension fund scheme, with the chosen firms to be announced by the end of the year.
Mainland provinces are set to sign contracts with the National Council for Social Security Fund, which will hand portfolios to firms approved to run public pension fund assets by late December.
Taiwan's BLF demonstrated strong leadership and best practice in its integration of five public funds and its investment in new asset classes to be named our public pension fund of the year.
The Chinese government has announced it plans to broaden the investment scope of the country's major state pension scheme, leading to an expansion into alternatives and more mandates for domestic mutual funds.