unionized workers
Scope
Date
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RFPs
Construction workers' fund invites bids for $25 mn infra mandate
South Korea’s Construction Workers Mutual Aid Association issued a request for proposals to commit $25 million to a global infrastructure fund...
Jul 20, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia report record-high H1 sales in US
Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...
Jul 02, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Sale of Citibank Korea gains traction; preferred buyer may emerge in July
The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...
Jun 29, 2021 (Gmt+09:00)
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Pension funds
Korean teachers' fund names ex-education minister as CEO
South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...
Nov 11, 2020 (Gmt+09:00)
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Interview
Construction workers' fund targets stable-income alternatives
South Korea’s Construction Workers Mutual Aid Association is chasing government-sponsored infrastructure and public private partnership (PPP) pr...
Nov 10, 2020 (Gmt+09:00)
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Unemployment rate
COVID-19 pandemic slams Korea’s job market; elderly workers rise
Hit hard by the fallout of the coronavirus pandemic, South Korea lost about 392,000 jobs in September, with the number of employed slipping for the se...
Oct 16, 2020 (Gmt+09:00)
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Pension fund
Construction workers’ fund names ex-Hanwha General investment head as CIO
The Construction Workers Mutual Aid Association (CWMA) has appointed Wihwan Lee, a former investment head of Hanwha General Insurance CO. Ltd., as chi...
Feb 18, 2020 (Gmt+09:00)
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Pension fund
[RFP] Construction workers’ fund to commit $25 mn to global infra debt fund
The Construction Workers Mutual Aid Association (CWMA) plans to commit $25 million to a global infrastructure blind-pool fund investing in senior or m...
Nov 20, 2019 (Gmt+09:00)
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KTB Asset invests in refinanced loan on Union Station
KTB Asset Management Co. Ltd. has invested an undisclosed amount in a debt secured on Union Station in Washington D.C. on behalf of three South Korean...
May 12, 2018 (Gmt+09:00)
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Construction workers’ fund, insurer in $123 mn deal to buy Denver building
The Construction Workers Mutual Aid Association (CWMA) and a South Korean insurance firm have invested 60 billion won ($56 million) in a 132 billion w...
Mar 19, 2018 (Gmt+09:00)
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[RFP] Korea construction workers’ fund seeks $40 mn US PDF manager
The Construction Workers Mutual Aid Association (CWMA) plans to allocate about $40 million to a US blind-pool fund house of direct lending and senior-...
Feb 01, 2018 (Gmt+09:00)
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Korea construction workers’ fund to pick two debt fund managers for $70 mn
(Corrected: The CWMA source on April 13 corrected the timetable of the planned debt manager selection to “soon”, and added that it has already begun t...
Apr 13, 2017 (Gmt+09:00)
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Korea construction workers’ fund may allot $170 mn to alternatives in 2016
The Construction Workers Mutual Aid Association (CWMA) in South Korea is looking to overseas alternative assets to invest as much as 200 billion won (...
Jun 22, 2016 (Gmt+09:00)
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Korean startups
TEST Robots, AI replace human workers at Kia’s EV6 manufacturing factory
Electric vehiclesHyundaiMotor, Kia, TechKia Corp., South Korea’s second-largest automaker, has unveiled the automated manufacturing process at...
1 MINUTES AGO