Korea Post has chosen four local investment firms, including Samsung Asset Management, for a domestic social responsibility bond mandate that was put up for tender seven weeks ago.
The other firms are Korea Investment Trust Management, Midas Asset Management, and Heungkuk Asset Management.
Korea Post announced the winning bidders on its website July 28.
The government postal agency sought bids for the mandate on June 18. The value was not disclosed.
Korea Post manages around 150 trillion won (US$107 billion) of assets.
