External Managers

○ Traditional Assets

Equities		Fixed Income		Multi Assets(GTAA)
Region	Manager	Strategy	Manager	Strategy	Manager
All Country	1	Global	Brandywine, PIMCO, Western +2	Global	BlackRock, JPMorgan, Morgan Stanley, UBS +1
Asia Pacific ex Japan	FirstState
China	5
Developed Market	AQR, BlackRock, MFS, PanAgora, Wellington +2
Emerging Market	Delaware, QMA +4
Europe	1
Greater China	Samsung, UBS
US	Waddell & Reed

 

 

 ○ Alternative Assets

 

Private Equities		Real Estate & Infrastructure		Hedge Funds
Strategy	Manager	Strategy	Manager	Strategy	Manager
Buyout	Avista, CD&R, Francisco +10	Infrastructure	MIP +6	Co-Investment	1
Co-Investment	1	Opportunistic	Angelo Gordon, Starwood +5	CTA	1
Distressed	Canyon, CenterBridge, GSO +2	Value-Add	Alpha Asia, Blackstone, Gaw Capital, Partners Group +3	Equity L/S	Citadel +2
Growth	CITIC, RRJ +4			Equity Market Neutral	1
Mezz	Park Square +1			Event-Driven	7
Private Debt	2			Fixed Income Arbitrage	2
Secondary	Partners Group +1			Fund of Funds	1
				Global Macro	Bridgewater, DE Shaw +1

 

※ The external managers are disclosed based on the following criteria (Above list as of September 30th, 2014):
 
   ◎  Equity, Fixed Income, and Hedge Funds : Managed KIC asset for more than one year with excellent investment performance 

   ◎  Private Equity, Real Estate & Infrastructure : Managers KIC asset for more than three years with excellent investment performance