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Korea Post opens tender for socially responsible equity mandate


Korea Post is inviting local fund managers to bid on a socially responsible domestic equity mandate of unspecified value for its insurance unit.
The investments will be in active funds that have a socially responsible theme, and will be benchmarked against the KOSPI Total Return Index, the government postal agency says in its request for proposal on February 1.
Investments in passive and alternative strategies, including exchange-traded funds and venture funds, will be excluded.
Korea Post will select up to four managers for a one-year period each for the mandate.
Applicants must have experience managing equity funds of at least 50 billion won (US$4.45 million). ....

South Korea , Korea National Assembly Budget Office , National Pension Service , Korea Post , Return Index , National Assembly Budget Office , தெற்கு கொரியா , கொரியா தேசிய சட்டசபை பட்ஜெட் அலுவலகம் , தேசிய ஓய்வூதியம் சேவை , கொரியா போஸ்ட் , திரும்ப குறியீட்டு , தேசிய சட்டசபை பட்ஜெட் அலுவலகம் ,