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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment, Market

Korea Investment Corp aims to stray away from stocks, bonds

Posted on 02 December 2010

From Ai-cio.com: The $37 billion Korea Investment Corp. (KIC) plans on forming joint investments with sovereign wealth funds in 2011. In an attempt to diversify away from traditional assets such as bonds and equities, the Seoul-based sovereign wealth fund is aiming on making up to four strategic investments next year.
According to the news service, KIC posted a 7% to 8% return this year from stocks and bonds traded in public markets……………………………………….Full Article: Source


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