13.01.2012 - Korean sovereign wealth fund gets China QFII license
Sovereign wealth fund Korea Investment Corp. said Friday it has acquired a license to invest in Chinese securities, paving the way for the firm to further diversify its portfolio through purchases of Chinese Class A shares and bonds as early as this year. A KIC official said the fund has received its Qualified Foreign Institutional Investor license and is waiting for the Chinese authorities to set its investment quota...............................................Full Article: Source
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