SEOUL, Feb. 9 (Korea Bizwire) –The Korea Exchange announced on February 8 that it will list Samsung Asset Management’s KODEX Global Obesity Treatment TOP2 Plus Exchange Traded Fund (ETF) on the stock market on February 14. This fund marks the first obesity treatment-themed product in South Korea, investing in 10 global companies related to obesity [...]
Paris, France, May 15 (Korea Bizwire) — Trackinsight, the leading independent ETF database platform, is pleased to announce the release of its 4th Global ETF Survey 2023 in partnership with J.P. Morgan Asset Management and State Street. The full report, available for free on trackinsight.com, details the key findings and ETF trends from over 500 professional investors who [...]
SEOUL, Oct. 19 (Korea Bizwire) — South Korea’s exchange traded fund (ETF) market has a high growth potential, the chief of a U.S. ETF-specializing asset manager said Wednesday Christian Magoon, the CEO of the Chicago-based Amplify ETFs, noted the recent pandemic-incurred correction in the global financial market is helping investors better see the strength of [...]
SEOUL, May 12 (Korea Bizwire) — Hanwha Asset Management Co. said Wednesday it had listed the ARIRANG US Alternative Investment Top 10 MV exchange traded fund (ETF) on the South Korean bourse. The newly-released EFT invests in the top ten U.S. listed companies with more than 75 percent of their sales or managed assets coming [...]
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 [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korean retail investors have been snapping up shares of electric vehicle-themed exchange traded fund (ETF) while dumping shares of Samsung Electronics Co. and SK hynix Inc., data showed Sunday. The most-sold stocks by retail investors during the five weeks from Nov. 1 to Dec. 3 were the two [...]
SEOUL, Aug. 10 (Korea Bizwire) — Domestic investors using robo-advisor services turned out to have a preference for domestic exchange traded funds (ETFs), a brokerage house said Monday. Kiwoom Securities Co. analyzed investment trends of 10,000 customers who set investment goals through the company’s KiwooGo robo-advisor. The analysis showed that the most favored portfolio type [...]
SEOUL, Oct. 19 (Korea Bizwire) — With the South Korean stock market experiencing a heavy correction due to the U.S-China trade war and financial instability among emerging states, Inverse Exchange Traded Funds (ETF) are yielding high profits. FnGuide financial information services announced that 45 Inverse ETFs with over 1 billion won in assets yielded average [...]
SEOUL, Jan. 22 (Korea Bizwire) — The amount of stock sales through block deals on South Korean bourses increased sharply in 2017 from a year earlier, the Korea Exchange (KRX) said Monday. The amount surged to 55.9 trillion won (US$52.3 billion) on the KOSPI main bourse last year, up 37 percent from the previous year. [...]
SEOUL, Aug. 24 (Korea Bizwire) — Gold-related funds in South Korea have posted stellar returns over the past month, data showed Thursday, as geopolitical risks chilled the stock market and stoked investors’ flight to safety. Those funds posted an average return of 3.49 percent in the month to Wednesday, the top performer among local investment [...]