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Sovereign Wealth Funds Briefing - Categorized | Investment

KIC taps other wealth funds for Korea buys

Posted on 08 December 2008

From Reuters: Korea Investment Corp (KIC) is seeking to make investments in South Korea together with other sovereign wealth funds under a planned law that will allow the fund to invest on its home turf, a KIC source said on Friday.

The move would help with government efforts to attract foreign capital although the source said the plans were unlikely to come to fruition any time soon….. Full Article: Source


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