The Korea Investment Corporation (KIC) rode an AI equities boom to post an 8.49% return in 2024, marking another solid year for South Korea’s sovereign wealth fund despite increasing geopolitical and economic uncertainties.KIC’s assets under management (AUM) reached a record US$206.5 billion by end-2024, the highest in its nearly two-decade...
The Korea Investment Corporation (KIC) rode an AI equities boom to post an 8.49% return in 2024, marking another solid year for South Korea’s sovereign wealth fund despite increasing geopolitical and economic uncertainties.KIC’s assets under management (AUM) reached a record US$206.5 billion by end-2024, the highest in its nearly two-decade...