SEOUL, Feb. 16 (Korea Bizwire) — Asset management companies in South Korea have released a string of exchange traded funds (ETFs) with a focus on investment in global hydrogen companies. KB Asset Management Co., an asset management arm of KB Financial Group Inc., said Tuesday that it listed the KBSTAR Global Hydrogen Economy Indxx in [...]
TORONTO and MUNICH, Oct. 4 (Korea Bizwire) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that Allianz Real Estate, the global real estate investment manager of Allianz Group, has selected Altus Group as its partner [...]
ZURICH, Switzerland, Mar. 21 (Korea Bizwire) — Zichain, a Switzerland-based digital asset management company, is pleased to announce that it has secured an USD 1.2m investment from a syndicate of UHNW Hong-Kong based investors, supporting further development of its unique cryptocurrency products. The deal was confirmed while the Company was participating at the Goldman Sachs [...]
TORONTO, Oct. 26 (Korea Bizwire) — AGF Management Limited (AGF) (TSX:AGF.B) today unveiled a new brand that reflects the firm’s growth strategy, while bringing alignment across its suite of brands. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d24c5b8-5fce-42db-9b65-88b1ed300dc1 “Our rebrand signals the evolution of our story and reflects the disciplined approach we apply to everything [...]
SEOUL, Jul. 23 (Korea Bizwire) — The size of assets under management by South Korea’s state pension fund surpassed the 600 trillion won (US$536.2 billion) mark for the first time ever, the government said Sunday. According to the Ministry of Health and Welfare, the total value of funds controlled by the National Pension Service (NPS) [...]
TORONTO, Jun. 28 (Korea Bizwire) — AGF Management Limited (AGF or the Company) today announced financial results for the second quarter ended May 31, 2017. Total assets under management (AUM) increased 8.0% to $36.4 billion compared to the same period in 2016, and up 3.7% compared to $35.1 billion as at February 28, 2017. AUM [...]
CHARLOTTE, N.C., May 22 (Korea Bizwire) — Barings, one of the world’s leading asset management firms, today launched a global brand advertising campaign articulating its commitment to meeting the ever-changing needs and aspirations of its clients by providing a broad set of innovative, customized investment solutions across asset classes and geographies. “Adaptability – the new [...]
SEOUL, March 8 (Korea Bizwire) – Asset management firms in South Korea reaped record profits last year, as investors poured money into private equity funds amid low interest rates, data showed Wednesday Assets controlled by 165 management companies reached 907 trillion won (US$788 billion) as of the end of 2016, up 10.8 percent from the [...]
SEOUL, Aug. 29 (Korea Bizwire) – South Korea will soon begin the process of introducing a full-fledged computer-advised asset management system, the nation’s financial regulator said Sunday. Some brokerage firms here have operated robo-advisors on a limited basis with brokers involved. The Financial Services Commission (FSC) said it plans to first confirm whether the industry [...]
SEOUL, July 29 (Korea Bizwire) – ISAs, or Individual Savings Accounts, have been among the most popular financial products in Korea since their launch in the first half of 2016. In a nutshell, an ISA is an integrated asset management account that can consist of various financial products, including savings accounts, stocks, mutual funds, and [...]