Keymen of major South Korean institutional investors, including the National Pension Service (NPS), Korea Investment Corporation (KIC) and Korea Post, will gather in a Seoul summit to share views on opportunities and risks of real estate and infrastructure investments, following the Brexit vote and ahead of a likely U.S. rate hike.
About 30 global asset management companies will give presentations at the 2016 ASK Global Real Estate & Infrastructure Summit in Conrad Hotel in central Seoul on Oct. 20, hosted by the Korea Economic Daily. NPS Chairman Hyung Pyo Moon, and KIC Chief Executive Sung-Soo Eun will deliver welcome and keynote speeches. NPS Chief Investment Officer Myoun-Wook Kang is set to participate in a VIP dinner scheduled for later in the day.
In the summit, other CEOs, CIOs and key decision-makers of major South Korean limited partners, including savings funds and insurance companies, are also set to participate. Including speakers, panelists and participants in the VIP dinner, more than 60 officials of global asset management firms are expected to turn up in the gathering.
South Korean asset owners will talk about their asset allocation strategies, and property and infrastructure investment plans in a panel discussion. Panelists will include Sang-Hyun Yoo, head of the NPS’ global alternative division; Jong-Ho James Kim, KIC managing director and head of real estate and infrastructure; and Hyun Woo Jin, deputy director of Korea Post in charge of overseas alternative investments. Willis Towers Watson’s head of investment service, Andrew Shin, will moderate the panel discussion.
Two other LP panel discussions will deal with property and infrastructure investments, separately. Participants in the property panel discussion will be Min Ho Park, CIO of Teachers’ Pension; Woncheol Suh, alternative investment head of the Government Employees Pension Service (GEPS); Bo Seok Kim, a Kyobo Life Insurance senior manager; and Suk Moon Woo, a Shinhan Life Insurance general manager.
For the infrastructure-themed discussion, panelists will include Hyun Gon Kim, a Korean Teachers’ Credit Union senior manager; June Seok Lee, a Public Officials Benefit Association team head; Kyung Cheol Jeon, a Hyundai Marine & Fire Insurance general manager; Janghwan Lee, a Lotte Insurance team head.
On top of them, about 180 others from domestic institutions will show up as audiences. Including brokerage company officials acting as placement agents, the total audience number is expected to come to 500. “We expect to network with global management firms naturally and discuss a variety of investment opportunities,” said an NPS source.
By Chang Jae Yoo
<Edited by Yeonhee Kim>