(Photo sorce: Maeil Business Newspaper)

SKK GSB Professor Youngju Nielsen's fintech company iLab has signed a strategic business agreement (MOU) with Maeil Business Newspaper. 

Maeil Business Newspaper and iLab will jointly develop a 'Target Date Fund (TDF)' index. The two organizations will launch TDF benchmark indices (indices for comparing investment performance) that can be used depending on the retirement date. 

It is expected that the launch of TDF benchmarks tailored to the Korean market will clearly distinguish the performance of financial institutions, such as their profitability.

Original article in Korean: https://www.mk.co.kr/news/stock/11011908