[Editor’s Note] Frustrated at shrinking returns, investment money are flowing out of Korea

Unlike the U.S. Fed’s quantitative easing program that had boosted U.S. equity markets for more than six years from 2009, the Bank of Korea’s five pol...

Blackstone, Pomona win mandates for Korea GEPS’ $100 mn investment

South Korea’s Government Employees Pension Service (GEPS) has awarded $50 million mandates each to Blackstone and Pomona Capital for global secondary ...

Korea funds seek investment experts from outside; CIOs chair review committees

The Public Officials Benefit Association (POBA) has replaced the head of its investment review committee recently with the Chief Investment Officer Do...

Korea police fund to invest $87 mn in blind funds

The Police Mutual Aid Association of South Korea will post a public notice of a request for proposals this week to commit 100 billion won ($87 million...

[Korean Money Going Abroad] Korea insurers up overseas investments, eyeing foreign asset managers

South Korean insurance companies have been raising investments in overseas investments by more than 50% since the start of this year and also consider...

Korea construction workers’ fund may allot $170 mn to alternatives in 2016

The Construction Workers Mutual Aid Association (CWMA) in South Korea is looking to overseas alternative assets to invest as much as 200 billion won (...

Blackstone picked as preferred buyer of S.Korea’s $400 mln office building – report

Blackstone has been chosen as the preferred bidder of a prime office building in downtown Seoul, in a deal estimated to fetch 460 billion~480 billion ...

[Interview] Korea scientists’ fund zooms in on Europe renewable energy, U.S. venture capital

The Korea Scientists and Engineers Mutual-aid Association (SEMA), overseeing 4 trillion won ($3.4 billion) in assets, is interested in property and re...

[Interview] S.Korea military fund set to invest in offshore blind VC funds from 2017

The Military Mutual Aid Association (MMAA), South Korea’s $8 billion military savings fund, is planning to invest in offshore blind-pool venture capit...

[Interview] Korea firemen’s fund eyes overseas structured bonds, office buildings in advanced markets

Korea Fire Officials Credit Union, managing $520 million in assets, will boost its exposure to structured bonds and alternative assets in developed ma...

[RFP] Korea Post seeks overseas fixed-income managers for emerging sovereign bond fund

- On June 1, 2016, Korea Post’s insurance asset management bureau posts a request for proposal to invest in dollar-denominated sovereign bonds of emer...

[Interview] Korea savings fund for small business owners mulls offshore blind fund investment in 2016

South Korea’s Yellow Umbrella Mutual Aid is flexing its muscle to expand overseas alternative assets, including blind funds, in line with a rapid ...

Korea Post bought 47% stake in Amazon office building in NY for about $250 mln

Korea Post acquired a stake worth about $250 million of the office building in New York leased by online retailer Amazon, and expects the transaction...

[Editor's Note] Korea Post released four RFPs to select offshore alternative asset managers

Last week Korea Post, with 110 trillion won ($93 billion) of assets under management, announced four requests for proposal (RFPs) to choose general pa...

[Interview] Korea teachers’ fund CIO: interested in equity stake in asset managers’ holding firms

Korea Teachers’ Credit Union (KTCU), which manages 22 trillion won (about $18 billion) of assets, is considering an equity investment in holding compa...

[RFP] Korea Post seeks overseas PDF managers for up to $300 mln commitment

- On May 26, Korea Post says plans to commit about $100 mln to 1 to 3 funds, respectively - Investment to be focused in North America or Europe thr...

[RFP] Korea Post seeks global managers for U.S., Canada real estate investment

- Deadline to submit proposal is May 30, 2016; Final selection set for July 1, 2016 Korea Post announced a request for proposal on May 23 for its u...

[RFP] Korea Post Savings seeks new single offshore hedge fund managers

- Proposed fund size at minimum $300 mln; proposal submissions due by June 7, 2016 - Funds currently in Korea Post Savings’ hedge fund pool not el...

[RFP] Korea Post seeks fixed-income managers for U.S. corporate bond investment

- Proposal submission due by June 7, 2016; final selection set for July 2016 - To pick 2 firms for publicly-offered funds with minimum $300 mln AUM...

Korea Post to assess domestic agent role to mandate global GPs for up to $160 mln

Korea Post will focus on post-sales management capability of domestic placement agents when it assesses proposals from global general partners (GPs) f...

[ASK 2016 SUMMIT] S.Korea LPs say performance, communication as key elements for hedge fund GPs

- MMAA sees active portfolio rebalancing as key requirements for hedge funds; prefers advisory firm that can accord with MMAA strategy via communicati...

Korea Post to Buy Landmark Building in Vienna

By Gyung-Bong Koh Korea Post will acquire the IZD (Internationales Zentrum Donaustadt) Tower, a landmark building in Vienna, Austria, at the cost o...

Korea Post

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S.Korea LNG

The South Korean government has announced plans to replace coal and nuclear power plants with LNG which emit less carbon dioxide than coal…, an...

S.Korea sells $1.3 bn forex bonds at lowest spread

The South Korean government $1.3 billion at the lowest spread...

Starbucks Korea

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HOLD: S.Korea's president-elect vows heavy govt spending

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cas...

HOLD: S.Korea's president-elect Lee vows cash handouts

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including c...

HOLD: S.Korea's president-elect vows heavy govt spending

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cash ...

HOLD: S.Korea's president-elect Lee vows cash handouts

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including cas...