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KIC to build research centre amid restructure

Korea’s $72 billion state wealth fund is to set up a 20-strong unit to feed macroeconomic and industrial analysis into its allocation process. It has started a reshuffle as it realigns.
KIC to build research centre amid restructure

The new head of Korean sovereign fund KIC has embarked on the largest restructuring in the institution’s history to align it with international best practice as it strives to improve returns.

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