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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

The Korea Investment Corporation, the wealth

Posted on 31 August 2010

From Poten.com: The Korea Investment Corporation, the sovereign wealth fund that bought a stake in Chesapeake Energy Corporation in June, plans to make more direct investments, departing from its strategy of buying stocks and bonds in public markets after returns sagged this year, the JoongAng Daily reported at the weekend.
The $35 billion fund, known as KIC, may invest in energy, clean technology and natural resources companies, Chief Investment Officer Scott Kalb said in an interview. KIC may also put more money into hedge funds and real estate, he said……………………………………….Full Article: Source


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