Korea to increase investment in overseas hospitals in 2015
10-Dec-14, Business Korea
The National Pension Service will hire a record number of asset and risk managers to increase its alternative investment in hedge funds, overseas REITs, and resource funds. At the same time, it is going to ask the National Assembly next year to pass a bill stipulating the independence of its fund management unit.
At present, the National Pension Service’s alternative investment is restricted to real estate, infrastructure, venture firms, corporate restructuring corporations, private equity funds, and natural resource development.
However, next year it is going to focus on fresh investments in overseas healthcare markets and the like in the interest of income source diversification. Major Korean corporations such as the Samsung Group have already started their investment in hospital infrastructure abroad, taking note of the high growth potentials.