Pensions
National Pension Service of Korea Wagers Offices, Hotels Will Recover
The world’s third largest pension fund placed a $1 billion bet on public global real estate with asset manager Russell Investments.
The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16.
The stickler for a conventional investing style talks about his start in the business.
Verus and others have formed a diversity coalition as institutional pressure grows for greater racial equity.