Korea Post To Boost Risk Exposure

Korea Post Savings Fund, a unit of Korea Post, is planning to increase its exposure to risk assets, Asian Investor reports. The $52 billion institution, which has a 4.4% target investment return for 2011, is seeking to allocate its assets to equities and alternative investments to add risk.

As of June, the fund had 93% of its assets invested as ‘safe’ and 7% as ‘risky.’ The fund has already allocated $50 million to Japanese equities and $100 million to commodities in the first half of 2011. The fund also plans to commit $200 million to alternatives in 2011.

Click here for the story from Asian Investor.