Hyundai Investment Asset Management Selected as Domestic Delegated Manager for Government Employees Pension Service's Overseas Real Estate and Infrastructure Investments

Hyundai Investment Asset Management announced on April 15 that it has been selected as the domestic delegated manager for overseas real estate and infrastructure investments by the Government Employees Pension Service.

Previously, after announcing its plan to select delegated managers in February, the Government Employees Pension Service conducted a first-round quantitative evaluation, an on-site due diligence, and a second-round oral interview before ultimately selecting Hyundai Investment Asset Management.

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Hyundai Investment Asset Management is a comprehensive asset management company established in 2000 as a subsidiary of Hyundai Marine & Fire Insurance. Since 2015, the company has expanded its competitiveness in overseas alternative investments and broadened its lineup to include real estate, infrastructure, private equity, and private debt.

A company representative stated, "Our selection as the domestic delegated manager for the Government Employees Pension Service’s overseas real estate and infrastructure investments is a recognition of our expertise in alternative investments and our global management capabilities," adding, "We will continue to work closely with the pension service to ensure enhanced investment returns and robust risk management."

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