POBA CIO questions correlation between ESG and returns

South Korea’s Public Officials Benefit Association (POBA) is putting much effort into incorporating environmental, social and governance (ESG) factors in its investment decisions, but the pension fund is struggling to establish objective guidelines and measuring tools to track the impact of that effort. Huh Jang, POBA According to Huh Jang, POBA's chief investment officer, the implementation of ESG in decision-making has been a topic of much debate among asset owners from …