| Korea Investment Corp., the nation's $72 billion sovereign wealth fund, plans to double alternative investments over the next 10 years to compensate for declining returns from stocks and bonds.
"We'll have to embrace the lower return expectation from traditional assets and that will continue for a considerable period," Choo Heung Sik, 56, the chief investment officer of the state fund, known as KIC, said in an interview in Seoul on April 21. "Considering such an environment, expanding into alternatives is one of the most efficient way to protect yield in the mid-to-longer term."..............................................Full Article: Source
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