Acronym: KIC
 Assets under management:
US$30bn¹
 Established:
2005
 Headquarters: Seoul, South Korea
 Origin: Non-commodity
 Website: http://www.kic.go.kr 


Foreign Investments
:
  • Merrill Lynch (USA)
    7.4% stake²



 

 

 

 

Korea Investment Corporation

Fund details

Manages a part of South Korea's foreign exchange reserves.

The Korean government plans to increase KIC's asset size to $50 billion by 2010¹.

Location

16F Seoul Finance Center
84 Taepyungro 1-ga, Jung-gu
Seoul 100-768
Korea


References
1. Korea Investment Corp has extra $10 bln to invest, Reuters, 19 February 2008
2. Korea Investment Corp. reports 7.4% stake in Merrill Lynch, MarketWatch, 28 August 2008

 


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