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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Korea Investment Corp to seek overseas strategic investments

Posted on 21 October 2010

From Dow Jones: Korea Investment Corp. said Thursday it will continue to diversify its portfolio by making overseas strategic investments in sectors like commodities and energy and seek tie-ups with other financial investors including fellow sovereign wealth funds.
KIC, in a report to the National Assembly, said it aims to outperform the broad market on investment returns and will adjust its portfolio to do so. As part of the efforts to ensure strong returns, the fund said it will aggressively pursue strategic investments abroad……………………………………….Full Article: Source

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