| Seoul-based Korea Investment Corporation, like other big institutions, is busy trying to resolve the issue of how to get a decent return these days as its portfolio grows. Methods being considered or already used by new chief investment officer Lee Dong-ik* including boosting KIC's alternatives exposure, investing more in China and considering including a bigger absolute-return portion in its portfolio.
Lee replaced Scott Kalb in May amid what is a very tough market for investors. And finding returns will become ever trickier as KIC expands in size. He expects the $47 billion sovereign wealth fund to hit $50 billion by the end of the year and $100 billion in 2017...............................................Full Article: Source |