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Investment

Our Portfolio

Overview

Overview

KIC was established in 2005 under the Korea Investment Corporation Act. As of December 2025,
we had assets under management of USD 232.0 billion.

Assets under management

$ 232,000,000,000 USD

*As of December 2025

Total Assets 

Total Assets | As of the end of December 2025, KIC managed approximately USD 232.0 billion in assets, with cumulative investment returns totaling about USD 122.4 billion.

Equity

Fixed income

Alternative assets

Etc

Annual AUM

USD billion

* The subtotals include other assets such as inflation-linked bonds and cash.

Return on Total Assets

Category

2021

2022

2023

2024

2025

  • Annual return (%)

    9.13

    -14.36

    11.59

    8.49

    13.91

Cumulative net investment income since establishment

Category

2021

2022

2023

2024

2025

  • Cumulative net investment income since establishment (USD bn)

    87.9

    58.2

    77.9

    93.9

    122.4

Asset allocation 2025

Asset allocation 2025 | 78.1% of total investment in 2025 were invested in traditional assets and 21.9% in alternative assets.

Asset allocation compared to the previous year

Traditional assets (Equity, Fixed income) | USD 181.2 billion in 2025, accounting for 78.1% of total investment
Alternative assets (Private equity‧Real estate, Hedge funds) | USD 50.8 billion in 2025, accounting for 21.9% of total investment

Equity

Fixed income

Alternative assets

Etc

2024

2025

Return on traditional assets

Category

2021

2022

2023

2024

2025

Annualized return

for the past five years
(2021~2025)

Annualized return

for the past ten years
(2016~2025)

Total

Return(%)

6.75

-17.58

14.35

9.30

15.10

4.83

6.83

Excess Return(bp)

-39

-52

-6

3

24

-17

1

Equities

Return(%)

18.61

-19.27

22.44

18.83

22.24

11.24

12.01

Excess Return(bp)

-92

-137

-13

10

16

-52

-23

Fixed
income

Return(%)

-4.62

-16.65

6.34

-0.19

7.46

-1.94

1.48

Excess Return(bp)

39

14

14

2

47

23

34

Return on alternative assets

Annualized return for the ten years : 8.48% 

12.87%

Annualized return for the ten years

Private equity

Inception : Oct. 16, 2009

3.94%

Annualized return for the ten years

Real estate

Inception : Mar. 15, 2010

10.91%

Annualized return for the ten years

Infrastructure

Inception : Sep. 03, 2010

5.47%

Annualized return for the ten years

Hedge funds

Inception : Jan. 29, 2010

N/A

Private debt

Inception : Jan. 02, 2024

8.48%

Annualized return for the ten years

Alternative asset total