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Weekly Digest: Thailand s GPF shifts portfolio strategy; NPS targets AI with US office | Asset Owners

GEPS to hire four asset managers for private equity mandate

Two of the four winning bidders of the GEPS tender will get 40 billion won of funding each and the other two will get 30 billion won each.

GEPS to hire eight managers for 400 billion won equity mandate

GEPS says winning bidders must appoint foreign managers as fund advisers.

Growing number of young civil servants quit

South Korea has been seeing a consistent increase in the number of young government workers quitting, indicating a rapid change in the perception of what had once been considered a dream job. In 2021, 3,123 government employees quit in their first year, more than triple the 951 in 2018, according to the recent figures by the Government Employees Pension Service. A total of 12,076 civil servants who worked less than t.

Weekly Digest: Mubadala to double down on Asia; Malaysia s EPF gets new CEO | Asset Owners

Weekly Digest: Mubadala to double down on Asia; Malaysia s EPF gets new CEO | Asset Owners
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