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Korean sovereign wealth fund gets China QFII license | Sovereign Wealth Funds Briefing
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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment, Market

Korean sovereign wealth fund gets China QFII license

Posted on 13 January 2012

Sovereign wealth fund Korea Investment Corp. said Friday it has acquired a license to invest in Chinese securities, paving the way for the firm to further diversify its portfolio through purchases of Chinese Class A shares and bonds as early as this year.
A KIC official said the fund has received its Qualified Foreign Institutional Investor license and is waiting for the Chinese authorities to set its investment quota………………………………………..Full Article: Source


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