Vice Minister Gi Jae: "Diversify Investment Assets to Enhance Fund Profitability"
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[Asia Economy Reporter Jang Sehee] On the 29th, An Ilhwan, Vice Minister of Strategy and Finance, stated, "We will enhance the profitability, stability, and transparency of the fund by diversifying investment assets."
Vice Minister An held the '71st Investment Pool Operation Committee' at the Government Seoul Office and said, "Fund management governance will expand customized integrated operations, and the investment pool system will strengthen performance and accountability." At this meeting, the 19-year performance of the pension fund investment pool was reviewed, development plans were discussed, and finalized.
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Meanwhile, the government decided to introduce a fully delegated type (OCIO) system that entrusts the entire asset management cycle of small-scale funds to enhance expertise utilization and pool effectiveness. Additionally, it plans to strengthen the responsibility of weekly operators through the introduction of differential fee rates by investment product and scaling up money market funds (MMF).
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