Korean Investors

[Editor’s Note] Korean investors gearing up to boost overseas alternative assets

2016-05-24

“Only free lunch in finance is diversification.” Korean institutional investors, who have seen their assets under management (AUM) snowball for the last 10~15 years, are in the process of understanding…

[ASK 2016 SUMMIT] NPS, KIC see gradual increase in hedge fund investment

2016-05-23

- NPS says its strict transparency requirement may deter talented GPs; to adopt flexible approach to solve the problem - KIC to make the best of hedge funds characteristics, not…

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

2016-05-23

- MMAA sees active portfolio rebalancing as key requirements for hedge funds; prefers advisory firm that can accord with MMAA strategy via communication - KTCU considering setting up small- to…

KIC posts worst annual return in 4 years, hit by strong dollar

2016-05-23

- Sluggish equities and bond markets, firmer dollar dent 2015 returns - Traditional assets outperform benchmark offered by finance ministry and BOK Korea Investment Corporation (KIC) posted the worst annual…

NPS shortlists fund of hedge fund GPs for $1 bln mandate; to pick final 2 firms in Q3

2016-05-23

- BlackRock, Blackstone, Grosvenor & UBS are on the shortlist - Hedge funds with big market share & established systems to be chosen preferentially The National Pension Service (NPS) said…

[Interview] NPS CIO says may commit further 1.5 trln won to hedge funds in 2016

2016-05-19

- Plans additional 1.5 trln won allocation after 1 trln won commitment to funds of funds in H1 - To diversify alternative asset classes to distressed assets, timber and commodities…

Global PEFs in bidding for GEPS’ $100 million overseas secondary fund investment

2016-05-18

- GEPS to make 2nd commitment to global secondary PEF since 2014; investment size to triple - To pick 2 GPs by mid-June to commit $50 million, respectively - Appears…

NPS to boost overseas equities by 2021; trimming portion of domestic portfolios

2016-05-18

- Overseas portfolios seen to climb to over 35% by 2021 vs. 24.3% at end-2015 - Domestic portfolios seen to drop to 65% or below vs. 75.7% at end-2015 -…

KIC aims to pick domestic GPs to manage $2 billion overseas infrastructure fund

2016-05-16

- To select 2~3 local asset managers or securities firms as GPs - If fails to bring in local GPs, it will open the door to foreign asset managers -…

[Interview] POBA CIO says keen on brownfield infrastructure in advanced markets; eying farmland and timberland

2016-05-15

- Plans to allot 480 billion won ($410 million) to new alternative investments in 2016: alternative investments may top 50% of total AUM - Interested in brownfield infrastructure assets generating…