Korean pension fund seeks foreign help with alternatives
The Government Employees Pension Service is preparing to expand its allocation to international equities and alternative investments, while also boosting cash levels.
The Government Employees Pension Service (GEPS) of Korea is seeking foreign partners to collaborate on asset management and training for its fund management professionals, says Kevin Kwon, chief investment officer at GEPS's fund management division.
GEPS is one of four Korean public pension entities, along with National Pension Service (NPS), Korea Teachers Pension Fund (KTPF), and the Military Mutual Aid Association (MMAA). It was founded in 1960 to provide annuities and other benefi…
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