KTCU aims to lift US bond, alt allocations

Rising US interest rates have the Korean Teachers' Credit Union (KTCU) looking increasingly at investing in US bonds for returns, though hedging the currency risk remains a key concern. That was among the key insights shared at AsianInvestor’s 12th Korea Institutional Investment Forum on June 20, as KTCU chief investment officer Kang Sung-Seog talked about the Korean pension fund’s strategy for mitigating risk in the current shaky global financial environment. In the 10 years si…