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.
Tag : korea investment corporation
South Korean institutions say they will increase their allocation to emerging-market equities, particularly Chinese stocks.
Hong Taeg-ki leaves Bank of Korea for Korea Investment Corporation.
Korea Investment Corporation promotes one of its own, Don Lee, its head of alternative investments. He succeeds Scott Kalb, with the appointment effective this week.
Scott Kalb caps his three-year term at Korea Investment Corporation with a $200 million China QFII quota. He can expect to win a good role in Asia if he wants to stay in the region.
The central bank of the Republic of Korea, with $312 billion in reserves, has decided to make its first senior investment hire from the market.
The $45 billion sovereign wealth fund surprises the market with a pick from the private sector with ties to Allianz Global Investors, Hana Bank and Korea Exchange Bank.
The sovereign wealth fund has selected three FTSE developed non-market-cap-weighted strategies to diversify its public markets investments. If it works, it says it will invest more.
The Korea Investment Corporation is looking for more deals in private equity, real estate and hedge funds as its seeding is set to grow.
The Swiss private-equity specialist builds off its relationship with KIC to develop business and find local investments in Korea.
Scott Kalb of the Korea Investment Corporation plans to nearly triple allocations to alternatives as he perceives we are in the early stage of a positive cycle for distressed debt.
Korea Investment Corporation outlines some of its ambitions for 2010, which include finding ways to attract global managers to set up onshore.
