High inheritance tax prompts more wealthy Koreans to emigrate
Korea's high inheritance tax rate is apparently prompting more wealthy Koreans to move to foreign countries that have more lenient regulations.
Source: koreatimes.co.kr
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This week in asset owner history: Korea's Teachers' Pension gets new CIO | Asset Owners
The CIO back then moved to an even bigger role, but reportedly missed out on the top investment job at the world’s third-largest pension fund.
Source: asianinvestor.net