Scott Kalb - Korea Investment Corporation (KIC) Scott Kalb looks back at his three-year tenure as Chief Investment Officer of the Korea Investment Corporation (KIC), focusing on the principles that underlie good asset management and the challenges facing sovereign wealth funds in the years ahead. The Korea Investment Corporation was founded in 2005 to manage part of Korea’s foreign exchange reserves and other public funds, and today is a major global institutional investor with approximately $50 billion in assets under management.