KIC Breaks Rules in Bid to Invest in LA Dodgers

SEJONG, April 21 (Korea Bizwire) — South Korea’s sovereign wealth fund has violated its own rules in its move to buy into the Los Angeles Dodgers, a lawmaker said Tuesday. The Korea Investment Corporation (KIC), which manages assets entrusted by South Korea’s central bank, has reportedly been in talks to buy a 19 percent stake in [...]