Allianz Global Investors (AllianzGI) signed a memorandum of understanding (MOU) with the National Pension Service (NPS) in South Korea on Friday.
The parties have agreed to a systematic sharing of investment knowledge and asset management expertise as well as cooperating on education, training programs, and talent exchanges.
Tobias Pross, CEO of AllianzGI said: “This MOU goes beyond a formal agreement and establishes a long‑term institutional partnership centered on people, knowledge sharing, and capability development.”
“In an increasingly volatile and structurally evolving global investment environment, we will actively support the National Pension Service in strengthening its next‑generation investment capabilities through education, joint research, and continuous exchange of insights across all asset classes.”
AllianzGI has also announced the opening of a new office in Jeonju and stated its intentions to recruit staff from the region.
Sung‑joo Kim, chairman of NPS said: “This enterprise‑wide strategic partnership with Allianz Global Investors strengthens an integrated perspective across asset classes and marks a meaningful turning point in enhancing long‑term returns and advancing our investment framework.”
“We aim to make Jeonju a key gateway that directly connects Korea to the global asset management network.”
AllianzGI said the strategic partnership marks a first of its kind for the NPS as it goes beyond its previous asset‑class‑specific cooperations in equities, fixed income, and alternatives to encompass all asset classes under a unified framework.
