SEOUL, May 29 (Korea Bizwire) – The size of funds that invest in real estate and nontraditional assets has topped the 100 trillion-won (US$89 billion) mark as investors poured money into alternative vehicles seeking stable returns, industry data showed Sunday. According to the data compiled by the Korea Financial Investment Association (KOFIA), real estate funds and special asset funds with exposure to commodities, weather, artworks [...]
SEOUL, Sept. 2 (Korea Bizwire) — Financial assets of Korean households have turned out to be very low compared to other countries. Experts say that the phenomenon is due to the Korean household practice of having most major assets concentrated on real estate. According to the Korea Financial Investment Association, the portion of financial assets held [...]
SEOUL, Aug. 26 (Korea Bizwire) – Korean financial regulators will set up guidelines allowing brokerage firms in Korea, including branches of foreign companies, to sell overseas financial products like foreign bonds to local institutional investors together with foreign partners. The Financial Supervisory Service announced on August 25 that it had prepared such guidelines, and will make [...]
SEOUL, April 8 (Korea Bizwire) — Funds that invest in Chinese stocks have soaked in money in South Korea as investors were flocking to the mainland equities ahead of the launch of a new trading scheme connecting Shenzhen and Hong Kong, data showed Wednesday. Mainland Chinese stock funds have drawn a net 675 billion won [...]
SEOUL, Sept. 25 (Korea Bizwire) – Whilst the renewed Korea’s over-the-counter (OTC) market soared in transaction volume 15 times higher than the Freeboard, the former OTC market, in the first month of opening on August 25, Samsung SDS topped with almost 70 percent of the trading volume in the market. According to the Korea Financial Investment Association, [...]
SEOUL, Sept. 2 (Korea Bizwire) – The total volume of margin trading in the Kosdaq market is drawing near to that of the KOSPI market, as more investors focus on gaining in the market. According to the Korea Financial Investment Association (KOFIA), as of August 28, the balance of margin trade in the Kosdaq market reached 2.52 trillion won [...]
SEOUL, July 24 (Korea Bizwire) – As the stock market is showing signs of long-awaited recovery, the credit loan balance is rapidly on the rise. This is more so in the KOSDAQ market. According to the Korea Financial Investment Association on July 23, the balance of loans taken out for the purpose of stock investment was 5,023.5 billion won [...]