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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Deals pave way for KIC’s return

Posted on 22 June 2009

From Joongang Daily: After years of being criticized for its inactivity, the Korea Investment Corporation is starting to move to resume overseas investment. The KIC, Korea’s sovereign wealth fund, said yesterday that it signed two memoranda of understanding with foreign firms this week to increase investment opportunities worldwide.
Lasr week, the fund inked a deal with Australia’s QIC followed by another the next day with Malaysia’s Khazanah Nasional Berhad………Full Article: Source


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