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KFCC Reduces Mid- to Long-Term Alternative Investment Ratio, Restrictions on Fund Investments in Overall Move to Conservative Strategy The Management Innovation Advisory Committee of the KFCC recently announced its plans for innovating its investment strategy, which is based on 10 core tasks, 29 basic tasks, and 72 detailed tasks in three major business areas, including governance and management innovation, quality, and strengthening the financial supervision system. The 29 basic tasks presented by the Committee include measures to strengthen risk management of high-risk assets, including alternative investments. As of last year, alternative investment amounted to 25 trillion, or 30%, of the KRW 80 trillion in assets managed by KFCC. […]
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