Korea’s police force looks to invest abroad

The Police Mutual Aid Association (PMAA) of Korea is looking to go global for its investments next year. PMAA was established in 1989 to provide pension benefits to over 93,000 police service personnel and related civilian members. It is also involved in managing businesses that provide welfare benefits to its members. It is similar in structure and operations to other welfare associations, such as Korea Teachers Credit Union, Public Officials Benefit Association and the Militar…