Dr Insup Lee

The $360 billion National Pension Service has started its search for a new investment head, as it seeks to increase assets by 67% over the next five years.

Allianz Global Investors' new Korea head says the firm needs to make better use of its parent company's international products.

Korea Post's $27 billion insurance division is inviting local and global multi-strategy funds of hedge funds to bid for new mandates.

Under its new chief executive, LS Asset Management wants to open a dialogue with overseas asset managers as it strives to build out its retail offering with global product.

The pension fund will raise exposure to domestic and global equities and alternatives after admitting it maintained fixed income allocations too long, causing it to underperform peers.

Khwarg Tae Sum seeks to take advantage of its UK parent to launch a range of international funds to help Korean investors diversify.

Choi Kwang becomes the first former health and welfare minister to lead Korea’s National Pension Service. He now faces installing a new management team.

Park Min Ho, previously head of KTPF's investment strategy team, is mulling more aggressive allocations in alternatives and looks to diversify assets globally as CIO.

Having recently been named chairman of the $11.5 billion NH-CA Asset Management, Lee Taejae plans to reorganise its internal process and raise exposure to global securities.

The firm moves to make most of its Hong Kong sales and trading team redundant in response to poor volumes. But it denies an SCMP report it is shutting the office completely.

The $11 billion pension fund picks Hamilton Lane and Paul Capital to invest $30 million each in global private equity plays as it moves to increase its international PE exposure.

The new CIO at Public Officials Benefit Association says it may look to change its risk/return parameters as it seeks to build on its $5 billion pot.