Korea Investment Corporation says has gone underweight on euro assets

Posted on 06/25/2010


According to Reuters, ” Korea Investment Authority, South Korea’s $35-billion sovereign wealth fund, has reduced exposure to euro zone equity and fixed income investments and is now underweight on assets in the region, the fund’s top official said on Thursday. “We are very worried about what’s going on in Europe. I don’t think the austerity […]

Get News, People, and Transactions, Delivered to Your Inbox