KIC, Korean pension funds in hunt for new C-level execs

South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...

Korean pension funds on over 1-month Kospi selling streak

The National Pension Service and other South Korean pension funds have offloaded a net 9.9 trillion won ($8.9 billion) worth of shares on the countr...

Ontario Teachers invests in Korean fried chicken brand valued at $1.7 bn

The Ontario Teachers' Pension Plan (OTPP) has agreed to invest 300 billion won ($275 million) in South Korea’s leading fried chicken brand B...

Korea’s personal pensions gamble with risky stocks for higher returns

South Korea’s individual pension fund holders are moving their money out of banks and insurance companies into brokerages in pursuit of higher...

Korean pension funds’ CIOs look to diversify GP pool

South Korean pension funds are seeking to diversify their pool of alternative asset managers to broaden real estate- and developed markets-focused por...

Teachers' Pension CIO pays heed to alternatives valuation

Alternative asset values have risen to burdensome levels due to strong demand, but the Teachers’ Pension in South Korea will continue to increas...

NPS forms co-investment partnership with Dutch pension

The National Pension Service has formed a strategic alliance with Dutch pension fund manager APG, through which they recently made co-investments in A...

Korean pensions sell off net $2.6 bn in domestic equities since August

South Korea’s pension funds including the National Pension Service sold off a net 3.12 trillion won ($2.6 billion) worth of domestic equities fr...

Korea’s state pension fund needs split to improve efficiency: National Assembly report

The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...

Korean pension funds relax due diligence to restart alternative investment

South Korean pension schemes and sovereign wealth fund KIC have recently restarted overseas alternative investments that had been suspended due to the...

[Interview] Teachers’ Pension picks infrastructure, daily necessities sectors

South Korea’s Teachers’ Pension will chase infrastructure facilities and industrial park properties in developed countries for overseas al...

Korean public employees’ pension to take more FX risk from alternatives

The Government Employees Pension Service (GEPS) plans to abandon its principle of hedging currency exposure from investing in overseas alternatives, a...

[Interview] Korea local govts' pension hunts for bargains as valuation concern eased: CIO

The Public Officials Benefit Association (POBA) is shifting away from a defensive stance to put its increased cash to work as the asset price declines...

Canada and Dutch pension funds to launch $1 bn Korean logistics JV with ESR

Canada Pension Plan Investment Board (CPP Investments), the Netherlands’ APG and China’s logistics property developer ESR have agreed to s...

Teachers’ Pension names ex-education ministry official as CEO

The Teachers’ Pension has named former senior education ministry official Myung-hyun Ju as its chief executive officer for a three-year term sta...

Pension funds eye bargains in equities and bonds; alternatives on hold

A number of South Korean pension funds are looking to hunt for bargains in the battered equity and bond markets, while postponing investment in infras...

Three Korean pension fund CEOs quit to run in general election

About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...

POBA to form $750 mn joint property fund with Danish pension fund

The Public Officials Benefit Association (POBA) will launch a joint fund worth about 900 billion won ($753 million) with a Danish pension fund to inve...

Samsung Sec to cooperate with Canada pension fund for infrastructure deals

Samsung Securities Co. Ltd. has signed a preliminary agreement with Canadian pension scheme La Caisse de dépôt et placement du Québec (CDPQ) to cooper...

Teachers’ Pension picks as CIO ex-Ascendas-Singbridge Korea head

South Korea’s Teachers Pension said on Sept. 5 that it has chosen as chief investment officer Kyuhong Lee, ex-CEO of Ascendas-Singbridge Korea, a Sing...

German VC firm collects $6 mn directly from Korean individuals

A number of wealthy South Koreans have committed 5.5 million euros ($6.1 million) to Germany’s Earlybird Venture Capital, in the first direct investme...

KIC picks Teachers’ Pension CIO as new chief investment officer

Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...

POBA to up co-investment with CalSTRS, Texas pension fund

The Public Officials Benefit Association (POBA) will double co-investment with the California State Teachers’ Retirement System (CalSTRS) to 880 billi...

POBA, US pension fund to launch $400 mn JV to co-invest in real estate debt

The Public Officials Benefit Association (POBA) and a California pension fund will inject $200 million each into a joint venture they are setting up t...

POBA mulls JV launch with global pension funds for alternative investment

The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...

Malaysia pension fund buys Korean logistics center for $70 mn: report

Malaysia’s Employees Provident Fund (EPF) has closed the acquisition of a logistics center near Seoul for around 75 billion won ($67 million) in its f...

Korea Post buys $600 mn US building jointly with California pension fund

Korea Post has signed a 680 billion won ($602 million) agreement to buy a Silicon Valley office campus used by a leading cybersecurity company in join...

Hana Financial to buy Japanese retail property for individual resale

Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city...

Goldman taps retirement funds to resell $178 mn loan to Korea e-commerce firm

Goldman Sachs’ Special Situations Group (SSG), which invests in and lends to distressed companies, is in talks with South Korean retirement savings fu...

Teachers’ Pension announces new overseas alternative investment head

The Korea Teachers’ Pension on April 24 named its domestic alternative investment head Young-sin Jeong as new head of overseas alternative investments...