18.05.2012 - Korea Investment Corp.ís Scott Kalb: Strategic investing for the next generation
Scott Kalb, former chief investment officer of Koreaís $45 billion-plus sovereign wealth fund, Korea Investment Corp., knows how to take smart risks. Hired by KIC in 2009, Kalb, 56, reorganized the investment team and stabilized KICís loss-making investment portfolio ó which was then worth just $19 billion ó by recalibrating its approach to risk management, diversifying its holdings and implementing a long-term investment culture and discipline. The results have been dramatic. Over the three years of his tenure, through March 2012, KICís portfolio has delivered annualized returns of 12 percent...............................................Full Article: Source
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