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Investors Pour Money into Short-term Funds amid Uncertainty

Investors Pour Money into Short-term Funds amid Uncertainty

SEOUL, March 10 (Korea Bizwire) — South Korean investors are scrambling to pour their money into short-term investment funds amid greater stock market volatility stemming from the coronavirus outbreak, data showed Tuesday. The net asset value of money market funds (MMFs) stood at 143.6 trillion won (US$119 billion) as of end-February, up 15.2 trillion won [...]