22.07.2009 - South Korean SWF to boost equities investment
From Bloomberg: Korea Investment Corp., the country’s $30 billion sovereign wealth fund, said it will increase the equities allocation in its portfolio later this year and target additional investments in the U.S. and Asia. “We think it’s unlikely that bonds are going to continue to outperform stocks from here over the long term,” Chief Investment Officer Scott Kalb said today in an interview in Seoul. “We’re moving more towards equity.” ........Full Article: Source
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