Civil Service Pension Fund Achieves Record 95% Domestic Equity Return in 2023—Top Asset Manager Named as Midas Asset Management
South Korea’s Government Employees Pension Service delivered a record 95% domestic equity return in 2023, naming Midas Asset Management as top manager, with total mid- to long-term asset returns hitting a five-year high of 17.4%.
Son Young-jin, Head of Risk Management at KB Asset Management, has been appointed as the new CIO of the Government Employees Pension Service, overseeing 10 trillion won in assets and expected to focus on stable, long-term returns.
#YonhapInfomax #GovernmentEmployeesPensionService #SonYoungJin #KBAssetManagement #CIOAppointment #AssetAllocation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=69278
Son Young-jin, Head of Risk Management at KB Asset Management, Appointed as New CIO of Government Employees Pension Service
Son Young-jin, Head of Risk Management at KB Asset Management, has been appointed as the new CIO of the Government Employees Pension Service, overseeing 10 trillion won in assets and expected to focus on stable, long-term returns.
Government Employees Pension Fund Adjusts Dollar-Won Exchange Rate Thresholds—Revamps Financial Risk Early Warning Indicators
The Government Employees Pension Service has strengthened its early warning system by adjusting dollar-won exchange rate thresholds and introducing new market volatility indicators to enable faster responses to financial risks.
Government Employees Pension Service to Hire 46 New and Experienced Staff This Year - Applications Open Until the 16th
Government Employees Pension Service announces recruitment of 46 new and experienced staff, expanding opportunities and modifying eligibility criteria to attract diverse talent
Baek Joo-hyun, Head of Government Employees Pension Service's Fund Management, to Step Down; Search for Next CIO Begins
Government Employees Pension Service's CIO Baek Joo-hyun to depart, initiating search for successor amid strong investment performance and portfolio diversification
Heo Jang Reappointed as CIO of Government Employees Pension Service
Government Employees Pension Service reappoints Heo Jang as CIO, securing stable returns amid market volatility and achieving ninth consecutive year of profitability
Yonhap Infomax News