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POBA 2021 RoR at 10.9%, AUM of KRW 19T The Public Officials Benefit Association has nearly doubled its rate of return for 2021, hitting a record high since 2017. Its AUM also increased by 16% to approach KRW 19 trillion. According to POBA, the 2021 RoR was 10.9%, a 4.8% increase from the previous year. After recording 10.9% in 2017, the following years decreased to 4% and 8.5%, only rising back above 10% last year. Alternative investment has also performed well, with a PEF investment of KRW 40 billion into Hive (the company that manages BTS) through Stick Investment, and a successful sale of a stake in a Pangyo office […]
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Content Editor, Seoul Property Insight(SPI)
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