Who's Who in Korean Investors

Public Officials Benefit Association (POBA) is a mutual aid association for South Korea’s provincial government employees. It is one of the country’s two biggest mutual aids, alongside KTCU, managing 21.1 trillion won in assets as of end-2022. In its 16.6 trillion won in alternative investments, overseas assets account for about 69%. The retirement fund aims at a 6.5% return from alternative investments.