Korea tops Asian pensions with $101 billion invested in alternatives

Korean pension funds are far ahead of their Asian peers in alternative investments, with $101 billion invested in private markets as of 2020, accounting for 11% in their portfolios on average, up 0.9% compared to 2019, according to a new Mercer report. Asian pension funds’ allocations to alternative assets have demonstrated a modest increase of 0.6% from 2019 to 2020 – with Korea still the most active country at 11% of assets invested in the private market, wrote the report, relea…