19.01.2012 - Korea sovereign wealth fund CIO says Europe assets ‘attractive’
Korea Investment Corp., the nation’s $43 billion sovereign wealth fund, said European assets are “attractive” amid the region’s sovereign debt crisis, and it plans to buy more real estate. Europe “got to sell off assets to try to alleviate the burden,” Chief Investment Officer Scott Kalb said in an interview in Seoul yesterday. “We just want to be in a position to buy those assets when attractive opportunities arise. We want to be ready to take advantage of it.”..............................................Full Article: Source
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