KIC Returns 11.6%
Posted on 02/05/2024
Korea Investment Corporation (KIC) notched an 11.6% return in 2023. AUM now exceed US$ 189 billion. Equities ramped up for the SWF with 22.4% returns, fixed income earned 6.3%. KIC also profited from alternatives, PE, real estate, and infrastructure. However, not all of the news for the country is positive. Growth slowed in Q4 2024…