[THE INVESTOR] Korea Asset Investment Securities announced on Sept. 2 that it has registered as an asset management company for private equity funds at the Financial Services Commission.

This is the third stock brokerage firm to list itself as a PEF specialist. NH Investment and Securities was the first, completing the registration in July. Kyobo followed suit and about a dozen more are reportedly joining the move.

Securities firms have been allowed to manage PEFs funds since August.

By Hwang You-mee ()