Tag : kic

The Korea Investment Corporation (KIC) has decreased alternative asset allocation for two straight years; Cryptocurrency exchange FTX draws funding from OTPP, Temasek; Former head of investments at Temasek joins De Beers billionaire's family office in Singapore; GIC reportedly commits to new ESR Japan Income Fund; CPP Investments commits to logistics partnership in Japan; and more.

Only 11% of Asia asset owners’ portfolios have been invested in environmental, social and governance assets or ESG-related strategies, says a new report.

The hiring spree for 22 newly created positions is the largest by the Korean sovereign wealth fund since 2015. The new program includes 15 investment management openings.

Korea Investment Corporation (KIC) and the National Pension Service (NPS) plan to enhance overseas voting rights and mandatory ESG filings for overseas companies.

Korea's sovereign wealth fund has established a new dedicated responsible investment team amid a restructuring. The fund has also appointed new leaders for its alternative and public assets teams.

The Korean sovereign wealth fund has divested all $221.5 million worth of its Alibaba equity investments in the US and increased its Baidu holdings by 450% by the end of June.