KBAM rehires CEO, eyes foreign expansion

Korea’s KB Asset Management has re-hired Cho Jaemin as chief executive as it eyes its first overseas branches and looks to expand its range of alternative and overseas products, amid sluggish markets at home. Cho (pictured below) told AsianInvestor he had three main objectives. First, he will focus on improving the performance of the firm’s equity funds, which he said had not been very satisfactory in the past couple of years. In an interview with local media on December 27, Cho…