KFCCC to take a more active investment approach

Jeung Jae-Ho, who joined the Korea Federation of Community Credit Cooperatives (KFCCC) in early July, says the institution’s portfolio investment style is set to become more proactive. As executive director of the fund management headquarters, Jeung manages around $15.5 billion in assets, which are contributions and fees provided by its credit cooperative (CC) members. The total AUM of the CC system – aside from the KFCCC’s own assets – is around $54 billion, bringing the consolidate…