Thursday, March 2, 2017

Mutual Aid Association staff, operating revenue 1.1 trillion last year ... Achieve yields of 5.3%



[Korea goyounghun financial newspaper reporter] Korea faculty Mutual Aid Association announced the 2017 and 2016 management plan fund performance.

According to staff two days going through the Mutual Aid Association Fund The revenue last year, said that the 1 trillion 88.9 billion won to exceed the goal of 20% compared to revenues. 735.1 billion won profit in earnings generated abroad have led the alternative investment division showed a profit last year.

Fund achieved a return of 5.3% and surpassed last year's target. Mutual Aid Association side Given the difficult investment environment last year, said high levels.

Mutual Aid Association's staff late last year, total assets were recorded 29.2205 trillion won. This is compared to the previous year increased 2.5604 trillion won level.

Mutual Aid Association is a faculty fund assets 22,000,000,004,218 billion in total assets is 77% level. Last year, fund assets are invested in local domestic 64% foreign 36%, 50% alternative investments by asset class, bonds 33%, consists of a share of stock by 17%.

Also enforce the agreement and equity investment as the world's largest alternative investments managers in Blackstone, Brookfield.

This year, it plans to respond to Breck sheet, Trump administration, the prospect of the US Federal Reserve will continue raising interest rates based on prevailing global uncertainties faculty Mutual Aid Association is expanding new investment-driven reliability and flexible asset allocation strategy.

Gangseongseok stability Korea faculty Mutual Aid Association CIO is "in the phase of uncertainty and volatility expands depending on the market situation will require a flexible portion controlled," said "Given the current situation of senior, mezzanine mortgage loans, private lending funds, direct trending he said it would have focused heavily on portfolio assets damgil ".

Faculty Mutual Aid Association has raised total assets by 31 trillion won this year's target figure, 24 trillion in assets under management Funds each 2.3 trillion won to 293.4 billion won compared to the previous year, 2.218 trillion won.

Munyongrin Chairman said, "not only in Korea but also to expand through constant growth through a global network of investment institutions abroad in 2020, 80 members people, will achieve 40 trillion won of assets."



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com