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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment, Market

S.Korea’s sovereign wealth fund to lift investment in private market

Posted on 11 September 2012

Choi Chong-sukHead of Korea Investment Company ( KIC), South Korea’s sovereign wealth fund, said last week that the fund planned to lift its investment into the private market, while watching for opportunities to invest in bad assets in advanced nations, a press release by the fund showed Monday.
“Opportunity to invest in bad assets is given as advanced economies become distressed. KIC plans to increase investment into the private market such as the real estate market and the strategic investment field,” KIC’s chief executive Choi Chong-suk was quoted as saying at the International Forum of Sovereign Wealth Fund (IFSWF)……………………………………….Full Article: Source


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