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Korea Scrapped Its New Sovereign Fund, Now KIC Gets an Extra Mandate

16th July, 2026

South Korea has abandoned plans for a standalone sovereign wealth fund after failing to establish a clear place for it within an already crowded system of state capital. Seoul will instead create a strategic investment account inside the Korean Investment Corporation (KIC), retaining the programme while dropping the instit3ution designed to carry it out.

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KIC to join GIC with its sixth overseas office in Tokyo

8th June, 2026

On Thursday last week, South Korea’s sovereign wealth fund announced the opening of Tokyo office next month, with the goal of expanding investments in Japan, including both public markets and alternatives. This will be KIC’s sixth office outside of its headquarters in Seoul, after New York (opened in 2010), London (2011), Singapore (2017), San Francisco (2021), and Mumbai (2024).

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Korea’s New Fund Moves From Public-Asset Idea To State Equity Test

3rd June, 2026

South Korea’s proposed Korea Future Investment Corporation gives the Lee Jae-myung administration a more defined state capital tool than the sovereign fund outlined in December.

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Sovereign Investors see the Value of their US Equities drop; Canadians Double Down

18th May, 2026

Sovereign Wealth Funds and Public Pension Funds saw their portfolios of US Equities decrease in value significantly during the first quarter of 2026, due to the War in Iran and the subsequent effect in oil prices and global financial markets. According to the quarterly filings released by SEC this week, the average holdings of Sovereign Investors would have fallen 12% by March 31, after all investments and exits.

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How Sovereign Investors Use Hedge Funds

17th April, 2026

Hedge funds are not a major allocation for sovereign wealth funds or public pensions, but they have grown from an estimated 2.0% of SWF exposure in 2022 to over 3.0% in 2025.

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CY25 Early Results: Allocation Structure, Currency Policy and Mandate Discipline

2nd March, 2026

The first group of major sovereign wealth funds and public pension funds to report calendar year 2025 results shows that performance dispersion was primarily structural with high-equity savings funds such as Norges Bank Investment Management (NBIM), the New Zealand Superannuation Fund (NZSuper) and Korea Investment Corporation (KIC) clustered in the mid-teens.

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Treasury moves to calm sovereign wealth fund tax fears - but questions remain

19th January, 2026

When concerns began to circulate late last year that the Trump administration was preparing to upend the tax treatment of SWFs, the reaction  saw lawyers issue alerts, investors reviewing strategies and fund managers fielded anxious calls.

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Korea Investment Corporation moves from review to implementation of TPA

7th January, 2026

After more than a year of internal review and external consultation, Korea Investment Corporation (KIC) has formally committed to adopting a Total Portfolio Approach (TPA), marking a significant evolution in both its investment framework and organisational model.

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Seoul’s new US$900bn sovereign wealth fund: mandate, strategy and risks

16th December, 2025

South Korea’s Lee Jae-myung administration is set to launch a new sovereign wealth fund in 2026 with a view to tackling long-term issues of weak growth, rising economic polarisation, and intensifying global competition in advanced industries.

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KIC’s First Korean Private Equity Mandates: Strategy, Catch-Up, or Both?

24th September, 2025

The US$206.5 billion Korea Investment Corporation (KIC) is about to award its first mandates to domestic private equity managers. According to industry sources, the sovereign wealth fund will commit between US$100-200 million to two or three Korean firms.

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KIC at 20: A Strategic Change or Time to Catch Up?

4th July, 2025

The Korea Investment Corporation (KIC) is celebrating its 20th anniversary, and South Korea's only sovereign wealth fund is at a crucial turning point.

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KIC Bets on Infrastructure and Alternatives Amid Trump-Era Tariffs and Global Uncertainty

21st May, 2025

Korea Investment Corporation (KIC) is focusing its strategy on infrastructure and alternative investments in response to global market reaction to rising protectionism and persistent volatility.

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