ASK 2021 CIO panel talks

POBA CIO says to expand SMAs, co-investment platforms

May 14, 2021 (Gmt+09:00)

POBA CIO (second from left), Teachers' Pension CIO (center), SEMA CIO (second from right), Hyundai Marine & Fire Insurance executive director (far right)

South Korea's Public Officials Benefit Association (POBA) has earmarked over 1 trillion won ($900 million) for new real estate investments overseas this year, for which it will expand separately managed accounts (SMAs) and co-investment platforms because they ease the burden of due diligence, its senior officials said.

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