Korea’s POBA balances short-term gains with long-term strategy
The Korean mutual aid association has to balance between short-term performance and long-term planning in order to cater to members’ multifaceted demands, its CIO told delegates at AsianInvestor’s Institutional Investment Forum Korea.
For Korea’s Public Officials Benefit Association (POBA), long-term strategy cannot be neglected while short-term results are delivered.
Huh Jang, POBA
This duality has helped to shape the investment strategy for the mutual aid association, chief investment officer Huh Jang explained to delegates at AsianInvestor’s 15th Institutional Investment Forum Korea in Seoul on June 23.
As pension funds are mandatory funds that are immune from potential “bank runs” or early withdra…
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