Finance
KB Securities named preferred bidder for Housing and Urban Fund OCIO mandate
KB Securities has been selected as the preferred bidder for the fourth term of the Housing and Urban Fund outsourced chief investment officer mandate. The firm said on Monday it was chosen after the Ministry of Land, Infrastructure and Transport recognised its management capabilities and tailored strategy in an evaluation process. KB Securities said the selection marks its entry into the large public fund management market and provides a basis to expand its OCIO business.
