KIC Inks Positive 2020 Return
Posted on 02/02/2021
Korea Investment Corporation (KIC) generated US$ 21.8 billion from investment, that was enhanced by equity market rallies. KIC’s CEO Choi Hee-nam informed local media that KIC’s return on investment was 13.7% last year, compared with 15.39% in 2019. Of all KIC’s assets, stocks accounted for 42.7% while bonds and alternatives took up 35.2% and 15.3%, respectively.