Latest news with #KoreaInvestmentCorp
Bloomberg
01-07-2025
- Business
- Bloomberg
Korea Wealth Fund to Boost Bets on AI Startups, Eyes China Tech
South Korea's sovereign wealth fund plans to increase allocations to tech startups and venture capital funds as part of its broader push to deepen exposure to artificial intelligence and other disruptive technologies. Korea Investment Corp., which manages $206.5 billion in assets, is expanding its allocation to alternative assets to enhance returns, and exploring tech investment opportunities in China, Chief Executive Officer Park Il Young said in an interview with Bloomberg.
Bloomberg
30-06-2025
- Business
- Bloomberg
US Treasuries Get Vote of Confidence From Korea's Wealth Fund
South Korea's $206.5 billion sovereign wealth fund is standing by US Treasuries as a core holding, undeterred by recent market volatility. 'We are happy to invest in US Treasuries in a sense that the bonds give very strong liquidity and stable returns,' regardless of short-term market volatility, Park Il Young, chief executive officer of Korea Investment Corp., said in an interview with Bloomberg.
