01.10.2014 - South Korea's Sovereign Fund to Expand Alternative Asset Allocation

Korea Investment Corp ., South Korea's $72 billion sovereign-wealth fund, plans to increase allocation to alternative assets to up to 40% from a current 10% in the next few years, according to Chairman and Chief Executive Hongchul Ahn. The sovereign fund also has reorganized the funding structure for traditional and alternative assets, consolidating separate buckets of capital into a common pool..............................................Full Article: Source

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