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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

KIC to lower barriers for smaller local funds

Posted on 16 November 2016

Korea’s sovereign wealth fund Korea Investment Corp. will lower barriers for smaller local funds to be eligible for entrustment to seek economies of scale in its overseas investments, the government said Tuesday.
The Ministry of Strategy and Finance said the government agreed at a Cabinet meeting on the revision of the KIC-related act to induce more entrustment of the local institutions into the KIC and expand the scope of KIC’s investment targets………………………………….Full Article: Source


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