来自韩国主权基金的展望
Bloomberg: Korea Investment Corp. Chairman Heenam Choi said KIC is currently overweight in equities after its asset rebalance, and it may further rebalance its asset allocation toward equities if there is another market shock. The Chinese market still has “huge potential” despite the global pandemic, and the U.S. may be the “next destination” for opportunities
Korea Investment Corp., which overseas $157.3b of assets, posted a 15.4% return in 2019, compared with a 3.7% loss in 2018, CEO Choi Heenam says in a briefing in Seoul.
• Equities returned 27.5%; bonds 7.5%
◦ NOTE: MSCI All-Country World Index +24% in 2019
◦ Conventional assets such as stocks and bonds accounted for about 84% of the total assets; allocation to alternative assets was 15.6%
• KIC aims to set up office in San Francisco in 3Q to help increase investments in startups and venture companies
• KIC to develop quant-investing strategies and investment systems using big data and machine-learning technology within 1H of 2020
◦ KIC developed 2 strategies using natural-language processing tool, supply chain data
• KIC to strengthen ESG (environmental, social and governance) investment
◦ KIC is running $300m ESG fund with an aim to expand investment in emerging-market equities to boost returns
Bloomberg: Korea Investment Corp. Chairman Heenam Choi said KIC is currently overweight in equities after its asset rebalance, and it may further rebalance its asset allocation toward equities if there is another market shock. The Chinese market still has “huge potential” despite the global pandemic, and the U.S. may be the “next destination” for opportunities
Korea Investment Corp., which overseas $157.3b of assets, posted a 15.4% return in 2019, compared with a 3.7% loss in 2018, CEO Choi Heenam says in a briefing in Seoul.
• Equities returned 27.5%; bonds 7.5%
◦ NOTE: MSCI All-Country World Index +24% in 2019
◦ Conventional assets such as stocks and bonds accounted for about 84% of the total assets; allocation to alternative assets was 15.6%
• KIC aims to set up office in San Francisco in 3Q to help increase investments in startups and venture companies
• KIC to develop quant-investing strategies and investment systems using big data and machine-learning technology within 1H of 2020
◦ KIC developed 2 strategies using natural-language processing tool, supply chain data
• KIC to strengthen ESG (environmental, social and governance) investment
◦ KIC is running $300m ESG fund with an aim to expand investment in emerging-market equities to boost returns