Korea Post to open overseas office in London, second after New York

Korea Post headquarters in Seoul [Courtesy of Korea Post]

Korea Post, South Korea’s second-largest pension fund with about 148 trillion won ($110 billion) in assets under management (AUM), will open its second office outside the country in London to strengthen overseas investment.

According to sources in the financial investment industry on Monday, Korea Post is considering London as the location of its second overseas office. It has been eight years since Korea Post opened its New York office in 2015. “We are in the process of reviewing the London office,” said an official from Korea Post. “While we are looking at next year, there is a possibility that it could be established as early as this year.”