Korea Teachers looks to expand global equity exposure

The Korea Teachers Pension Fund (KTPF) will be more aggressive in equity and alternative investments in 2010, both domestic and globally, says Lee Yun-kyu, chief of its fund operating-management corporation. KTPF's securities and fund investment management team has close to 30 staff members and in 2009 saw a return on investment of 12.7%. The pension fund has around $9 billion of assets under management as of February, a year-on-year increase of nearly $1 billion. Of this, Lee's uni…