SEARCHES AND HIRES

Korea Post Savings searching for insurance-linked securities strategies

Korea Post Savings, Sejong, is searching for diversified and opportunistic insurance-linked securities fund managers, said an RFP on the fund’s website.

Interested firms can apply for one or both mandates. To be considered, firms must have at least $1 billion in firmwide insurance-linked assets under management and at least $200 million in the fund(s) they are offering.

The allocation sizes and funding sources could not immediately be learned.

The RFP is available on Korea Post’s website. Proposals are due by 5 p.m. Korea time on March 17. An anticipated hiring date could not immediately be learned.

Korea Post Savings has about $90 billion in assets.

A Korea Post official could not immediately be reached for additional information.