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New Korean equity fund bets on ESG momentumMoneyJan 27, 2021South Korean investment firm Truston Asset Management said Wednesday that it is establishing a fund to invest in companies that have room for improvement in their environmental, social and governance... -
Seoul office transactions hit record in 2020 despite pandemicMarketsJan 22, 2021The total volume of office investments in major districts of the Greater Seoul area hit yet another record in 2020 despite the pandemic, as high demand for offices in prime locations led the bullish ... -
Korean investors hold $7.8b of Tesla stocksMarketsJan 22, 2021South Korean investors held a combined $7.8 billion worth of Tesla stocks at the end of last year, data showed Friday, capping off a meteoric rise in 2020 to become Korea’s most-owned foreign stock. ... -
Kyobo Life shareholder feud intensifies on unfulfilled IPOMoneyJan 21, 2021A foreign investor group of South Korea-based Kyobo Life Insurance is in hot water as its plan to exit from the insurer faces a setback after an indictment of its officials, while its demand for an i... -
Mirae Asset picked as lead manager of pension fund investment poolMarketsJan 20, 2021South Korean asset management firm Mirae Asset Global Investments is poised to become a lead manager of the state-supervised investment pool of 63 Korean pension funds, according to the government on... -
KB Asset closes W220b ESG bond fundMoneyJan 20, 2021Seoul-based investment firm KB Asset Management said Wednesday it had closed a 220 billion won ($200 million) bond-investing private fund in order to embolden its focus on environmental, social and g... -
Ruane, Cunniff & Goldfarb unloads stake in Shinyoung SecuritiesMoneyJan 19, 2021US-based investment adviser Ruane, Cunniff & Goldfarb has unloaded a 5.5 percent stake in Korea‘s brokerage house Shinyoung Securities, a regulatory filing showed Tuesday. The New York-based firm’s ... -
Korean lenders to muster up $3b for SK hynix’s global investmentMoneyJan 19, 2021A group of South Korean lenders pledged on Tuesday to earmark a combined $3 billion over the next five years to spur global investment into local semiconductor maker SK hynix as part of the nation’s ... -
Court ruling on Samsung heir adds to stock woesMarketsJan 18, 2021South Korea’s stock market was dealt a further blow following a conviction of Samsung group heir apparent Lee Jae-yong on Monday, with large-cap stocks posting bigger losses. This comes as a recent ... -
KKR's Asia fund underscores hope for real asset recoveryMarketsJan 15, 2021The announcement of two fund closures by US investment firm KKR this week highlighted its anticipation for real asset recovery in the Asia-Pacific region, including South Korea. KKR on Wednesday clo... -
BNP Paribas to exit from asset management joint venture with ShinhanMoneyJan 15, 2021France-based BNP Paribas Asset Management Holding is set to divest its entire stake in its South Korean joint venture with Shinhan Financial Group, the Korean banking group said Friday. Shinhan BNP ... -
Virus, scandals slow Korean private fund growthMarketsJan 14, 2021The coronavirus pandemic and a series of hedge fund turmoils last year have impeded the growth of private funds managed by asset management companies in South Korea, data showed Thursday. According ... -
NPS vows to beef up overseas investment through reshuffleMoneyJan 13, 2021South Korea‘s public pension scheme, the National Pension Service, pledged Wednesday to add resilience to its capital deployment to overseas assets through a structural reorganization. Through the r... -
Demographic shifts urge Korean insurers to adapt: Moody’sEconomyJan 13, 2021The looming demographic shifts in South Korea are forcing domestic insurers to turn to new growth drivers, as the companies are likely to face flagging sales of their mainstream products and underwri... -
Kospi touches 3,000 points with retail investors’ buying bingeMarketsJan 6, 2021South Korean retail investors, who have been on a buying spree in recent months, brought benchmark indexes to fresh highs during intraday trading Wednesday. The Kospi touched 3,000 points for the fi...
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05[Eye on Business] The story behind Korea’s ‘screen golf’
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09S. Korea pushes to embrace cohabiting couples, non-traditional families
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