fund market Archives | Be Korea-savvy

Overseas Investment Funds Set to Further Grow in 2020

SEOUL, Jan. 17 (Korea Bizwire) — Funds that invest in overseas assets such as stocks will see steady growth this year after a stellar performance last year, as investors park more money in such vehicles, market sources said Friday. Overseas investment funds under management in South Korea almost doubled to 183.7 trillion won (US$158.8 billion) [...]

Investors Pull 40 tln Won from Money Market Funds over Past 7 Months

SEOUL, Jan. 5 (Korea Bizwire) – South Korean investors have pulled about 40 trillion won (US$37.7 billion) out of money market funds (MMFs) over the past seven months as they sought higher returns in stock and property markets, data showed Friday. Outstanding MMFs totaled 99.3 trillion won as of Tuesday, compared with 138.8 trillion won [...]