South Korean institutional investors will continue to increase their allocations to overseas infrastructure next year, and transport facilities such as roads and airports remain their top pick within the sector, reported Korean Investors, sourcing a survey of 21 chief investment officers of Korean pension funds and insurance firms.
Of the respondents, 85.7 percent saw an increase in their overseas infrastructure investment next year, while the remaining 14.3 percent chose “no change,” or “undecided.”
“Compared to the global real estate market where disputes are arising over high valuations on core assets, infrastructure looks more attractive,” said a Korean pension fund CIO.
