Korean sovereign wealth fund adopts non cap-weighted indices

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KOREA - The $37bn Korea Investment Corporation has chosen three FTSE non-capitalisation weighted indexing strategies making it the first Korean institutional investor to take this route, according to the FTSE Group.

Scott Kalb, chief investment officer of the sovereign wealth funds said: "We are pleased to welcome FTSE into the KIC family of external partners and we look forward to building a productive relati...

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