KIC in faster alternatives push to boost performance
The Korean sovereign wealth fund has brought forward its targets for increasing the share of alternatives in the portfolio, its CIO says. Diversification into sub-strategies will be key in coming years.
The Korea Investment Corporation (KIC) will aim to invest 25% of total AUM in alternative investments by 2025 instead of 2027 in order to further improve diversification and capture illiquid premiums, according to Chief Investment Officer Lee Hoon.
As the share of alternative investments increases, the sovereign wealth fund will be optimising the allocation of sub-strategies within the asset class, Lee said.
Also read: Why Korea's KIC is speeding up alternatives allocation
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