Yellow Umbrella Mutual Aid
Scope
Date
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Shareholder activism
Hanjin Group management rights feud resolved with aid of LX Group
LX Pantos, an LX Group affiliate, has acquired a 3.86% stake in Hanjin KAL Corp., the holding company of Hanjin Group.The LX Group is considered a k...
Aug 29, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor Group to invest in fabless startup BOS Semiconductors
Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...
Aug 25, 2022 (Gmt+09:00)
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Pension funds
Korean retirement funds, mutual aids struggle with profitability
Some major retirement funds in South Korea are raising interest rates on their members’ savings accounts in line with global central banks&rsq...
Jul 07, 2022 (Gmt+09:00)
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Energy
Korea to reboot nuclear power sector with orders, aid
South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out policy by placi...
Jun 22, 2022 (Gmt+09:00)
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Corporate bonds
It's time to bet on high-yield bond funds: Barings
High-yield bonds generally create greater yields than other funds, but low-quality bonds are vulnerable to economic downturns and the firms’ c...
Jun 09, 2022 (Gmt+09:00)
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Webtoons
Kakao to merge US webtoon, web novel platforms
South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...
May 19, 2022 (Gmt+09:00)
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Sovereign wealth funds
Yoon admin to expand KIC's fund management base
South Korea's new president Yoon Suk-yeol, who took office on Tuesday, is set to push the expansion of sovereign wealth fund Korea Investment Corpor...
May 12, 2022 (Gmt+09:00)
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Business & Politics
South Korea’s new president offers Pyongyang economic aid for denuclearization
SEOUL—South Korea’s new president said he would keep the door open for dialogue with North Korea and provide support for its fragile econo...
May 11, 2022 (Gmt+09:00)
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Corporate bonds
S.Korea's Jan. bond issues on track for record $6 bn
South Korean companies are ramping up their local bond issuances to finance expansion into low-carbon and contactless platform businesses, with stro...
Jan 23, 2022 (Gmt+09:00)
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Venture capital
KDB opens VC in US to aid Korean startups' US entry
South Korea’s state-run bank Korea Development Bank (KDB) launched its venture capital (VC) operations in California's Silicon Valley on Nov...
Nov 17, 2021 (Gmt+09:00)
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Chief Executives
Korean military fund targets medium-risk global assets
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...
Sep 27, 2021 (Gmt+09:00)
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Economy
Ruling party calls for BOK's active role to aid COVID victims
South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...
Sep 09, 2021 (Gmt+09:00)
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Pension funds
Yellow Umbrella sets sights on warehouses, secondaries
The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further reduce the proportion o...
Aug 13, 2021 (Gmt+09:00)
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Korean Investors
Military Mutual picks ex-Lotte Non-Life CIO as investment chief
The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said on Monday it has name...
May 17, 2021 (Gmt+09:00)
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Chief Investment Officers
Ex-police fund CIO picked to lead Yellow Umbrella Mutual
Lee Do-yoon, a former chief investment officer of South Korea's Police Mutual Aid Association (PMAA), has been named as CIO of the Yellow Umbrella M...
May 04, 2021 (Gmt+09:00)
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Alternative investments
Yellow Umbrella Mutual to deploy $135 mn to blind pool funds in 2021
South Korea's Yellow Umbrella Mutual Aid Fund will commit about 120 billion to 150 billion won ($108 million-$135 million) to blind pool funds of ve...
Feb 23, 2021 (Gmt+09:00)
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RFPs
Yellow Umbrella Mutual seeks Korea's bond managers for $550 mn mandate
The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, is looking to mandate four domestic fi...
Jan 08, 2021 (Gmt+09:00)
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Automobiles
Hyundai, KTCU, Kamco launch $273 mn fund to aid auto parts makers
Hyundai Commercial Inc. and several local financial companies have set up a blind fund worth 300 billion won ($273 million) to provide liquidity to ...
Dec 18, 2020 (Gmt+09:00)
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Interview
Yellow Umbrella Mutual Aid to bolster global PE, VC portfolios
The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, will diversify its fixed income-heavy po...
Nov 05, 2020 (Gmt+09:00)
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Multi asset funds
Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds
The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...
Oct 05, 2020 (Gmt+09:00)
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Alternative investment
Military Mutual Aid extends financial division CIO’s term by one year
The Military Mutual Aid Association (MMAA) has extended its financial division head’s term for another year to focus on the risk management asso...
Mar 27, 2020 (Gmt+09:00)
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Private debt
Yellow Umbrella Mutual commits $540 mn to overseas debt funds
Yellow Umbrella Mutual Aid Fund, a savings arm for South Korea’s small-sized business owners, has committed $540 million to overseas debt funds ...
Dec 07, 2019 (Gmt+09:00)
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