23.02.2016 - KIC’s alternative investments portfolio too small: report
The proportion of alternative investments allocated by South Korea’s sovereign fund remains far lower than other state-controlled investment vehicles overseas, a report said Monday, raising concerns that it may have missed opportunities to generate higher returns. According to Korea Economic Research Institute, Korea Investment Corp. has invested only 8 percent of its funds in real estate, private equity and infrastructure in 2014, significantly lower than other sovereign funds including China Investment Corp. which allocated 37.7 percent in the nontraditional sectors in the same year. Singapore’s GIC Pvt. Ltd. also managed 16 percent of its national wealth fund in alternative investments...............................................Full Article: Source
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