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Native name | 한국투자공사 韓國投資公社 |
|---|---|
| Company type | Sovereign wealth fund |
| Founded | 1 July 2005 |
| Headquarters | Seoul, Republic of Korea[1] |
Area served | Worldwide |
Key people | Il Young Park (Chief Executive Officer and President) Hoseok Jung (Chief Risk Officer) Hoon Lee (Chief Investment Officer) Sangmin Lee (Chief Operating Officer) |
| AUM | US$ 189.4 billion (2023) |
Number of employees | 312 (2023) |
| Website | www |
The Korea Investment Corporation (KIC; Korean: 한국투자공사; Hanja: 韓國投資公社; RR: Hanguktujagongsa) is a sovereign wealth fund established by the government of South Korea in 2005. Its mission is to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth (foreign reserves) through efficient management of public funds in the international financial markets. KIC manages assets entrusted by the Government, the Bank of Korea, and other public funds as defined under the National Finance Act.[2] KIC directly invests the entrusted assets or re-entrusts the assets to external managers. As of December 31, 2023, KIC has $189.4 billion assets under management.[3]
- ^ "Korea Investment Corporation - SWFI - Sovereign Wealth Fund Institute". Retrieved 2 December 2016.
- ^ "Korea Investment Corporation Act | KIC Legislation". www.kic.kr. Retrieved 2 September 2023.
- ^ "Korea Investment Corporation (KIC) reports investment return of 11.6% for 2023".