Asset Allocation
Korea Investment Corp. Returns 11.6% in 2023
Equities propelled the $189.4 billion South Korean sovereign wealth funds' returns.
The $635.5 billion fund was aided by being overweight in fixed income and underweight in equities.
Group says Korean equities have ‘chronically underperformed’ for seven years.
Ex-health minister sentenced to 2 ½ years for leaning on national pension to approve controversial Samsung merger.
Performance evaluated in terms of country, factor, and sector.