The European Union Chamber of Commerce in China is pleased to offer its members a discounted rate to attend a full-day event organised by the European Union Chamber of Commerce Korea, taking place in Seoul on 30th November.
Korean Pension Funds Seek Overseas Real Estate Investments
All across Asia, Institutional Investors are increasing their allocations in alternative investment classes and Korea's fund managers are following suit. As regulators plan to deregulate rules on corporate pensions, Korea's pension funds are aggressively seeking opportunitiites in overseas real estate investment. In addition, as demographic trends point to an increasingly greying population, the nation's pension funds will continue to seek higher returns and more diversified holdings overseas.
With the exchange rates at acceptable levels, yields acheivable in many overseas markets are in excess of yields achievable domestically. Furthermore, with most of the prime properties in Seoul having already being traded last year, Korean institutions will be at a loss trying to find appropriate hard assets locally this year.
From 2009 on we witnessed Korea's National Pension Service, the world's fifth largest pension fund with approximately $240 billion dollars in assets, build a global presence. Not limited only to the NPS, other Korean institutions are now focusing on deploying capital in developed, transparent markets.
However, the evolution of real estate investment as an alternative investment product is a relatively new concept among Korean institutional investors.
To address this topic, the Real Estate Committee of the European Union Chamber of Commerce in Korea will host the REC Institutional Investments Conference 2010 in Seoul, Korea on 30th November.
Prices
Regular Fee: 500,000 KRW /350 EUR
EUCCC/EUCCK Member Fee: 350,000 KRW / 200 EUR
Please click here for more information and the agenda, plus the registration form.