KIC started the Public Community for Overseas Investment (PCOI) in April of 2014 to bolster the overseas investment capability of the Korean public sector. Through this platform, we share information and best practices with domestic public institutions, including pension funds, mutual aid associations and other national institutions.
In 2020, KIC hosted three virtual meetings of PCOI to discuss global financial market forecasts, efficient asset allocation strategies, an absolute return strategy using foreign fixed-income securities, post-COVID-19 infrastructure investment strategies, private equity investment cases and more. Meeting participants also exchanged opinions on other issues of mutual interest. The PCOI has 25 members, including KIC, which will continue to support member organizations.
KIC holds meetings of the International Financial Cooperation Council (IFCC), which is made up of public and private Korean investment institutions, in New York, London and Singapore, where our overseas offices are located. The goal is to share investment information, build networks with leading global investment firms, gain a balanced perspective on financial issues and pursue mutual development.
IFCC New York was started in November 2017, IFCC London in February 2018 and IFCC Singapore in August 2019. IFCC New York meets monthly while the councils in London and Singapore meet quarterly.
For each meeting, KIC’s overseas offices invite local experts from asset management firms and investment banks to present and share views on the global economy and local finance industry.
Through the IFCC, KIC aims to promote information sharing, seek co-investment opportunities and make inroads into local markets with leading investors.
Overseas offices |
Participating members |
---|---|
New York 36 members |
Korea Investment Corporation, Consulate General of the Republic of Korea in New York, National Pension Service, Korea Center for International Finance, Financial Supervisory Service, The Export-Import Bank of Korea, Bank of Korea, Korea Development Bank, Korea Post, Korea Electric Power Corporation, Korea Trade-Investment Promotion Agency, Korea Trade Insurance Corporation, KB Kookmin Bank, Industrial Bank of Korea, Nonghyup Bank, Shinhan Bank, Shinhan Bank America, Woori Bank, Woori America Bank, KEB Hana Bank, Hanmi Bank, Mirae Asset Daewoo Securities, Samsung Securities, KB Securities, Korea Investment & Securities, NH Investment & Securities, Shinhan Investment Corp., Samsung Asset Management, Mirae Asset Global Investments, Hanwha Asset Management, Samsung Life Insurance, Kyobo Life Insurance, Korean Reinsurance Company, Hyundai Marine & Fire Insurance, DB Insurance and Seoul Guarantee Insurance Company |
London 23 members |
Korea Investment Corporation, Embassy of the Republic of Korea in the United Kingdom of Great Britain and Northern Ireland, National Pension Service, Financial Supervisory Service, The Export-Import Bank of Korea, Bank of Korea, Korea Development Bank, KB Kookmin Bank, Industrial Bank of Korea, Shinhan Bank, Woori Bank, KEB Hana Bank, Mirae Asset Daewoo Securities, Samsung Securities, Korea Investment & Securities, NH Investment & Securities, Kyobo Life Insurance, Samsung Fire & Marine Insurance, Shinhan Life Insurance, Korean Reinsurance Company, Hyundai Marine & Fire Insurance, DB Insurance and Samsung Asset Management |
Singapore 16 members |
Korea Investment Corporation, Embassy of the Republic of Korea to the Republic of Singapore, National Pension Service, Stock Exchange, Korea Development Bank, Shinhan Bank, Woori Bank, KEB Hana Bank, Mirae Asset Daewoo Securities, Korea Investment & Securities, Korean Reinsurance Company, Midas Asset Management, Korea Investment Management, Hanwha Asset Management, KB Asset Management and NH Asset Management |