Investors are trying to grapple with the right approach to tackle increased interest rates - a scenario that creates both challenges and opportunities, investment executives from different Korea asset owners say.
In a bid to increase liquidity amid a higher-interest-rate environment, the fund is decreasing its large share of alternatives and using a different approach to tackle the unpredictable, high-interest rate markets, its CIO told AsianInvestor.
The Police Mutual Aid Association is to raise its allocation to foreign alternatives and stocks with a view to strongly boosting returns. It is mulling hiring BlackRock and Pimco to run bond portfolios.
Two of the country's state pensions, the Public Officials Benefits Association and the Police Mutual Aid Association, have reportedly had differing fortunes in their hunt for investment heads.