Korea Post hires asset managers for mortgage, bad loan fund mandates
Korea Post hires Samsung SRA, Pinetree Asset Management and Eugene Asset Management as negotiating partners for mortgage and non-performing loan fund...
Stay updated with breaking news from Korea Post. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Korea Post hires Samsung SRA, Pinetree Asset Management and Eugene Asset Management as negotiating partners for mortgage and non-performing loan fund...
South Korea's National Pension Service will pour a record 1.5 trillion won ($1.1 billion) in alternative assets managed by external managers this year, the largest such allocation in the fund's history. The majority of the sum, 1 trillion won, will go to private equity funds, according to a recent announcement by the NPS, marking a 25 percent increase from the previous year. In 2023, the NPS allocated 800 b...
Korea Post says the investment will be structured as a blind fund that will invest in private projects, including renewable energy.
Korea Post says the investment will be structured as a blind fund focusing on developed markets, including North America.
Shinhan Asset Management and Korea Investment Management will be appointed for a year.