Searches and Hires

Korea Post Insurance launches search for 3 active Chinese equity managers

Korea Post Insurance, Sejong City, is looking to allocate up to $50 million apiece to three active Chinese equity managers.

An RFP on the $45 billion Korea Post's website said interested parties should submit proposals — one electronic and one hard copy — by 6 p.m. Korean Standard Time on Nov. 16.

Electronic copies of proposals should be emailed to both Sanguk Lee and Sanghi Han. Hard copies should be mailed to Sanguk Lee at Postal Insurance Securities Investment Division, Korea Post, 8th building, Sejong Government Complex, Sejong, Republic of Korea, 30114, or dropped off.

Eligible managers must have minimum GIPS-compliant track records of five years for their China equity composites, with assets under management of at least $1 billion. The relevant benchmark is the MSCI China NR U.S. dollar index.

Successful applicants will be notified of their selection by Jan. 31.