Korea Investment Corporation
Korean government finance company / From Wikipedia, the free encyclopedia
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The Korea Investment Corporation (KIC; Korean: 한국투자공사; Hanja: 韓國投資公社; RR: Hanguktujagongsa) is a sovereign wealth fund established by the government of South Korea in 2005. Its mission is to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth (foreign reserves) through efficient management of public funds in the international financial markets. KIC manages assets entrusted by the Government, the Bank of Korea, and other public funds as defined under the National Finance Act.[2] KIC directly invests the entrusted assets or re-entrusts the assets to external managers. As of December 31, 2023, KIC has $189.4 billion assets under management.[3]
This article contains content that is written like an advertisement. (January 2021) |
Native name | 한국투자공사 韓國投資公社 |
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Company type | Sovereign wealth fund |
Founded | 1 July 2005; 18 years ago (2005-07-01) |
Headquarters | Seoul, Republic of Korea[1] |
Area served | Worldwide |
Key people | Seoungho Jin (Chief Executive Officer and President) Hoseok Jung (Chief Risk Officer) Hoon Lee (Chief Investment Officer) Sangmin Lee (Chief Operating Officer) |
AUM | US$ 189.4 billion (2023) |
Number of employees | 312 (2023) |
Website | www |