According to the TFT Central review, the full native colour space of the panel is way, way larger than sRGB, and larger than DCI-P3 and even AdobeRGB too. I'm not sure what colour space you are using, but I assume it's not AdobeRGB.
In the standard default "Custom" setting, both sRGB and DCI-P3 colours will be quite inaccurate, but the reviewer states this is normal behaviour for these types of monitors.
To address this, you can reduce the colour space support down to better match the intended colour spaces. If you use the built-in sRGB emulation mode, the colour accuracy is very good overall, but not excellent in every measurement. If you use the built-in DCI-P3 emulation mode, the same thing is true, with very good colour accuracy overall but not excellent in every measurement. However, the built-in DCI-P3 emulation mode is set at target gamma 2.6 which is inappropriate for most Mac users, since the default on Macs is gamma 2.2. Gamma 2.6 is good for video editors, but it seems strange to me that the LG didn't include an DCI-P3 emulation mode targeting gamma 2.2. I suspect that's what Asus did with their 6K ProArt's Mac-specific setting. So, to get proper Mac appropriate DCI-P3 colour calibration, you'll have to manually calibrate it yourself and not use any of the built-in colour space settings. For me this is not an issue, since I have a
Datacolor SpyderX Pro already. You have the option of using LG's own LG Calibration Studio, or else whatever third party calibration software you have, which in my case would be the software that came with my SpyderX Pro.
TFT Central did their own manual calibration for sRGB, and then colour accuracy was excellent across the board for all measurements. If you're going to use DCI-P3 which is the default on Macs, then the same would apply there too. They didn't do a DCI-P3 custom calibration in the review, but that's probably because they're on Windows which uses sRGB by default.
tl;dr:
The colour performance of this monitor is excellent, but the out-of-the-box default colour calibration will look wrong on Macs.
If you use sRGB, then the monitor's sRGB emulation mode provides very good but not perfect results. A manual sRGB calibration will provide excellent results across the board.
If you use DCI-P3, the monitor's DCI-P3 emulation mode still won't look right on Macs, because it targets gamma 2.6 for video editors not gamma 2.2 for most Mac users, so you need to calibrate it manually to get it to match other Macs.