emerging market Archives | Be Korea-savvy

MMFs Suffers Huge Outflow on Turkey Woes

SEOUL, Oct. 3 (Korea Bizwire) -- South Korean money market funds (MMFs) have suffered huge capital outflow due to growing worries over a financial crisis in Turkey, data showed Wednesday. The MMFs had a combined 91.27 trillion won (US$81.5 billion) under their management as of Friday, the lowest since January 5, 2015, according to [...]

Stock Funds for Asia’s Emerging Markets shine This Year

SEOUL, Nov. 29 (Korea Bizwire) – South Korean funds for stock investment in Asia’s emerging economies have posted the highest returns among local overseas equity investment funds this year, a market tracker said Wednesday. The average return of equity investment funds for Asian emerging markets came to 37.4 percent as of Monday, the biggest yield [...]