South Korea’s new SWF chief sets sights on ‘top ten’


The new chief executive officer of the Korea Investment Corporation has set his sights on making the sovereign wealth fund (SWF) one of the "top 10" in the world, since taking office last week.

Sung-Soo Eun, formerly an executive director at the World Bank, joined the fund, which oversees around $85 billion in assets, on January 19. He will serve as both CEO and chairman of the board of directors.

Eun outlined three "management principles" in his inaugural speech, calling for transparent

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