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KIC mulls ways to boost returns

South Korea's sovereign wealth fund expects to double its AUM to $100 billion in five years. It has also added significantly to its staff this year.
KIC mulls ways to boost returns
Seoul-based Korea Investment Corporation, like other big institutions, is busy trying to resolve the issue of how to get a decent return these days as its portfolio grows. Methods being considered or already used by new chief investment officer Lee Dong-ik* including boosting KIC's alternatives exposure, investing more in China and considering including a bigger absolute-return portion in its portfolio. Lee replaced Scott Kalb in May amid what is a very tough market for investor…
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