Bank of Korea wants to hear about alternatives

The head of reserve management at Bank of Korea says he is keeping an open mind to investing in alternative assets in future and wants to hear about opportunities in the asset class. Further, Choo Heung-Sik points to the growing importance of emerging markets exposure, both from a currency diversification perspective and in terms of returns relative to embedded risks. It comes as the BOK, which manages $330 billion of Korea’s foreign reserves, has been extending its asset-class …