In the post Covid-19 era it is important to consider opportunities and risks when planning an investment strategy, Korea Investment Corp (KIC) CEO Choi Heenam said on May 27.
The KIC said the CEO took part in an online session event organized by the Milken Institute as a representative speaker of Korea and made the remarks regarding investment strategies in the post Covid-19 era.
“After the Covid-19 pandemic the world will be represented by the acceleration of non-face-to-face approaches, the expansion of digital infrastructure and the development of the healthcare industry in various areas such as commerce, education and health care,” Choi said. “KIC will work together to build a balanced portfolio considering both opportunities and risks in terms of investment strategies.”
“Our goal is to find stocks that are expected to benefit from structural changes, such as healthcare, from a long-term perspective,” the head of South Korea’s sovereign wealth fund said. “It is also important to preempt promising alternative investment opportunities using global networks.”
The event was organized by U.S. economic research institute Milken and was held as a video conference. It featured representatives of global financial investment institutions, including the Asian region, to examine major issues in the post Covid-19 era and share opinions.
In Korea, KIC CEO Choi and POBA (Public Officials Benefit Association) chief investment officer Jang Dong-hun attended as representative speakers while foreign figures, including Kevin Lu, CEO of Partners Group Asia, and Tom Finke, global chairman and CEO of Barings, were also present. (Reporting by Kyoung-ho Lee)