pension fund asset management
Scope
Date
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Leadership & Management
LG Group carries out modest management reshuffle
Cho Joo-wan will continue to lead LG Electronics Inc. as chief executive after its parent LG Group on Thursday carried out modest reshuffles in its ...
Nov 21, 2024 (Gmt+09:00)
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Shareholder value
SK Square to buy back $72 mn shares amid Palliser's value-up push
SK Square Co., the investment arm of South Korea’s No. 2 conglomerate SK Group, announced shareholder-friendly measures on Thursday, in respon...
Nov 21, 2024 (Gmt+09:00)
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Real estate
Korean funds offer rescue financing for global offices
South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...
Nov 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood buys three waste management firms for about $190 mn
Glenwood Private Equity on Tuesday signed an agreement to buy three waste management companies from small South Korean business group Bubang for aro...
Nov 19, 2024 (Gmt+09:00)
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Private equity
MBK Partners’ 6th buyout fund raises $5 bn at 2nd close
MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach ...
Nov 19, 2024 (Gmt+09:00)
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Korean startups
Panmnesia raises $57 mn in Series A funding
Panmnesia, a South Korean fabless startup specializing in compute express link (CXL) technology, said on Tuesday it raised 80 billion won ($57 milli...
Nov 19, 2024 (Gmt+09:00)
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Batteries
South Korea approves Korea Zinc’s precursor as national core technology
South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industrial technology, effec...
Nov 19, 2024 (Gmt+09:00)
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Bio & Pharma
Macrogen's GenTok to feature on Samsung Health app
South Korea's biotech company Macrogen, Inc. signed a supply agreement to integrate its genome analysis platform, GenTok, into the Samsung Health ap...
Nov 18, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc chair hatches plan to maintain management control
Korea Zinc Inc. Chair Choi Yun-birm said on Sunday he has a strategy for defending management control of the world’s top zinc and lead smelter...
Nov 18, 2024 (Gmt+09:00)
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Corporate restructuring
Shinsegae affiliate SSG.COM secures Olympus as new financial investor
Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...
Nov 14, 2024 (Gmt+09:00)
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Cryptocurrencies
Korea’s crypto exchanges ride bitcoin rally on Trump optimism
South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...
Nov 14, 2024 (Gmt+09:00)
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Executive reshuffles
Chung Ki-sun moves closer to managing HD Hyundai with his promotion
HD Hyundai Co., the holding company of South Korea’s No. 1 shipbuilding conglomerate, on Thursday shuffled its top management. In it, Vice Cha...
Nov 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK C&C unveils digital SHE consulting service
South Korea's SK C&C said on Thursday that it launched its Digital SHE Consulting Service, the artificial intelligence (AI) platform tha...
Nov 14, 2024 (Gmt+09:00)
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Korean Investors
Mirae Asset’s TIGER Nasdaq 100 ETF crosses $2.8 bn in net assets
South Korea's Mirae Asset Global Investments said on Tuesday that that its TIGER Nasdaq 100 ETF has become the second US-focused ETF listed in South...
Nov 13, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...
Nov 06, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s Korea Zinc bid aimed at corporate governance, shareholder value
MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...
Nov 05, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...
Nov 01, 2024 (Gmt+09:00)
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Pension funds
NPS commits $436 mn to Koramco, Hana Alternative for real estate lending
The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
Korea's Hana Bank to promote foreigners as managers in overseas units
South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...
Oct 28, 2024 (Gmt+09:00)
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ASK 2024
Korean LPs tighten due diligence on general partners
In the wake of COVID-19, South Korean pension funds and insurance companies have placed a greater focus on asset managers' capabilities for post-inv...
Oct 28, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset releases KODEX India ETF Investment Guide
South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...
Oct 28, 2024 (Gmt+09:00)
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Corporate restructuring
Lotte to liquidate rubber JV in Malaysia, sell overseas assets for $1 bn
South Korea’s No. 2 petrochemical manufacturer Lotte Chemical Corp. plans to liquidate its rubber joint venture in Malaysia to scale back its ...
Oct 25, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset's IRP deposits surpasses $7.2 bn in 2024
South Korea's Mirae Asset Securities Co. said on Friday it became the first in the industry to surpass 10 trillion won ($7.2 billion) in individual ...
Oct 25, 2024 (Gmt+09:00)
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Logistics
Samsung SDS, Korea Air Force to cooperate on military logistics
South Korea's Samsung SDS Co. said on Tuesday it signed an agreement with the Korea Air Force Headquarters to cooperate on the digital transformatio...
Oct 24, 2024 (Gmt+09:00)
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Venture capital
South Korean VCs in search of better returns abroad
South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...
Oct 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Asset taps US for Korean defense ETF listing
Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...
Oct 22, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset's retirement pension reserves rise by $2.9 bn in 2024
South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...
Oct 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc takes control of key shareholder in management feud with MBK
Korea Zinc Inc. succeeded in taking control of Young Poong Precision Corp., a key player in the management battle against North Asia-focused private...
Oct 22, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to list Global AI-based ASIC ETF
Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...
Oct 21, 2024 (Gmt+09:00)
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ASK 2024
Australia, Asia real estate whet Korean pension funds' appetite
South Korean pension funds and insurance companies are raising their bets on real estate as they diversify their US and Europe-focused portfolios in...
Oct 20, 2024 (Gmt+09:00)
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