Aiming to Increase Sovereign Wealth: Current and Future Global Investments by Korea Investment Corporation
Nomura Institute of Capital Markets Research
February 14, 2011
Nomura Journal of Capital Markets, Vol. 2, No. 3, 2011
The Korea Investment Corporation (KIC) is a global asset management company established on 1 July 2005 with a mission to preserve and grow national wealth by pursuing high investment returns overseas. In 2009, KIC earned a return of 18.67%, and excess return of 1.42 percentage points, on its traditional portfolio, a considerable improvement over 2008. The keys to KIC's future prospects are alternative investments and a strengthening of financial talent, and KIC’s approach should be instructive for other emerged and emerging markets.
Number of Pages in PDF File: 13
Keywords: KIC, SWF, foreign exchange reserves
JEL Classification: F31, G28Accepted Paper Series
Date posted: February 14, 2011
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