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.
With assets under management reaching $195.7 billion at the end of May, the Korean sovereign wealth fund is continuing to raise its game with alternative assets.
Experts believe the Korean sovereign wealth fund's new head will need to prioritise raising sustainable investments and private asset investing, along with returns in general.
Korea's sovereign wealth fund is sharing investing knowledge with public investment peers, even as it seeks to invest money for more of them.
The new head of Korea Investment Corporation is moving to implement reforms at the $90 billion sovereign wealth fund after his predecessor violated internal guidelines.
Former World Bank executive Eun Sung-Soo is the new chairman and CEO at Korea Investment Corporation, after 'Hank' Ahn Hong-chul quit amid reports of improper conduct.
‘Hank’ Ahn Hong-chul, chairman and chief executive of Korea Investment Corporation, may have quit due to a report alleging improper conduct, according to local media.
Ahn Hong-Chul has reportedly resigned as president and chief executive of sovereign wealth fund Korea Investment Corporation, with sources unsure as to reasons behind the move.
Choo Heung-Sik has made the jump from head of reserve management at the Bank of Korea to overseeing investments at the country's sovereign wealth fund.
Korea’s $72 billion state wealth fund is to set up a 20-strong unit to feed macroeconomic and industrial analysis into its allocation process. It has started a reshuffle as it realigns.