Sovereign wealth funds Korea Investment Corporation (KIC) expanded its overseas investment base to Japan. On the 2024, about two years after opening the Mumbai office in India, it established a new branch in Tokyo. It is expected to serve as a strategic base to identify changes in the capital markets of Japan and the Asia-Pacific region.
On the 7th, KIC said it established an overseas branch in Tokyo. The Tokyo branch is KIC's sixth overseas base following the branches in New York (2010), London (2011), and Singapore (2017), and the offices in San Francisco (2021) and Mumbai (2024), and it is located in Marunouchi (丸の内), Tokyo's financial hub.
KIC plans to use the Tokyo branch to strengthen its global investment capabilities based in the Asia-Pacific region. Japan is the world's No. 4 economic power by gross domestic product (GDP) (2025 IMF), and recently wages, prices, and corporate profits have improved together, showing a structural recovery across the economy.
The Tokyo branch is expected to operate as an investment base covering traditional assets such as stocks and bonds and alternative assets such as private equity and real estate. It will also serve as a hub to strengthen information sharing and cooperation with domestic financial institutions while identifying investment opportunities accessible only locally.
Park Il-young attended the opening ceremony of the Tokyo branch that day and said, "The Tokyo branch will serve as a strategic base to quickly identify changes in the capital markets of Japan and the Asia-Pacific region," adding, "We will communicate with local asset managers, financial institutions, and target corporations to identify high-quality investment opportunities."