20.07.2012 - KIC, Korea Teachers eye more China, EM equities
Two of Korea’s big asset owners, Korea Investment Corporation and Korean Teachers Pension Fund, say they intend to boost their investments to emerging-market equities, with a particular focus on China. Speaking recently at AsianInvestor’s Korea Institutional Investment Forum in Seoul, Kim Sang-joon, head of equity management at KIC, says the $43 billion sovereign wealth fund will double its EM equity exposure over the next few years. Ultimately as these markets grow their share of global GDP, he adds, they should have an allocation commensurate with that to developed markets...............................................Full Article: Source
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