Korea'smajor institutional investors got together to discuss their alternativeinvestment strategies for this year at the ASK 2017 Global PEF/Hedge FundSummit which was held on May 17. The participants shared the common difficultyof finding good venues to invest to effectively increase their assets.
Thisdilemma is also faced by the nation's major pension funds and insurancecompanies which plan to pour about 25 trillion won into the alternativeinvestment market this year.
Theyhave the same view that the alternative investment market lost shine after tenyears of enjoying popularity throughout the world which led to a surge in theprices of alternative investment instruments.
Tobreak through the situation, they are focusing on segmentation anddiversification of investment targets. In particular, they picked equity-linkedbonds and private debt funds as promising investment destinations.
TheNational Pension Service, whose assets under management are as high as 564trillion won as of the end of February this year, is investing directly in theoperators of private equity funds or purchasing non-financial assets such asreal estate properties and infrastructures.
Deutsche Bank has resold $60 million in senior secured debt of Transtelco Inc., a fiber optic services provider in the US and Mexico, to MG Korean Federation of Community Credit Cooperatives. The debt is part of $125 million in senior notes&hellip
A pool of South Korean pension and retirement funds have invested around 85 billion won ($75 million) in debt of a Warburg Pincus-backed, five-star hotel in Hanoi, while a Korean asset manager is in last-stage talks to buy an office&hellip
A consortium of South Korea’s Construction Workers Mutual Aid Association (CWMAA) and MG Non-Life Insurance Co. Ltd. will invest 60 billion won ($53 million) in acquiring a UK warehouse leased by retailer Tesco PLC, joining a growing number of South&hellip