Asset management
Asset management
Mirae Asset bets on China as Korean investors’ US focus draws concern
Apr 27, 2025 (Gmt+09:00)
-
Asset management
South Korea’s young rich vs old rich: Coins, art outpace bonds, funds
Young South Korean millionaires, placing bold wagers on unconventional financial assets such as cryptocurrencies and art, are gaining ground fast, gr...
Apr 17, 2025 (Gmt+09:00)
3 Min read -
Asset management
Mirae Asset’s default option retirement funds top $700 mn in assets
Mirae Asset Global Investments Co. now manages over one-third of South Korea’s default-option retirement funds, with the assets it operates und...
Apr 15, 2025 (Gmt+09:00)
1 Min read -
Asset management
Stay liquid, be selective, look outside US tech, says TCW CEO
Global financial markets are facing rising volatility and uncertainty this year as the US stock market rally led by Big Tech is losing steam amid con...
Apr 08, 2025 (Gmt+09:00)
3 Min read -
Asset management
Strong momentum in non-US markets, digital real estate: Principal AM CEO
It is time to shift focus toward non-US markets after years of stellar performance of US assets driven by the robust world’s No. 1 economy, sai...
Apr 02, 2025 (Gmt+09:00)
long read -
Real estate
Korea’s IGIS Asset puts top Seoul tourist area hotel on market
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for fo...
Mar 07, 2025 (Gmt+09:00)
1 Min read -
Real estate
Macquarie to sell Seoul hotel to KB Asset for $119 million
Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset Ma...
Feb 21, 2025 (Gmt+09:00)
1 Min read -
Real estate
Beauty giant CJ Olive Young to buy Seoul office building for $472 mn
CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bil...
Feb 19, 2025 (Gmt+09:00)
2 Min read -
Pension funds
Korea to let securities firms manage $43 bn public fund investment pool
South Korea said on Wednesday it aims to boost returns on 62.1 billion won ($42.7 billion) in the public fund investment pool by entrusting some of t...
Feb 12, 2025 (Gmt+09:00)
2 Min read -
Asset management
US Capital Group raises stake in South Korea’s LS Electric
Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset man...
Feb 07, 2025 (Gmt+09:00)
2 Min read -
Real estate
Koramco seeks to sell Seoul prime office tower in $272 million deal
South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 mi...
Jan 13, 2025 (Gmt+09:00)
1 Min read -
Food & Beverage
Hanwha seeks acquisition of sibling feud-mired Korean catering firm Ourhome
South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, for...
Dec 20, 2024 (Gmt+09:00)
2 Min read -
Asset management
Mirae Asset rises to 12th-largest ETF manager with $141 billion in assets
South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manage...
Dec 11, 2024 (Gmt+09:00)
3 Min read -
Real estate
GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder for the sale of a land...
Dec 03, 2024 (Gmt+09:00)
1 Min read -
Asset management
Mirae Asset aspires to No. 5 in Indian securities market with Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian securities market thr...
Nov 27, 2024 (Gmt+09:00)
4 Min read -
Asset management
BlackRock names Lee Yoon Pyo as head of S.Korea business
BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective fr...
Nov 27, 2024 (Gmt+09:00)
1 Min read -
IPOs
LS Group’s US magnet wire unit to go public with $1.4 bn value
The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offeri...
Nov 19, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
Korea Zinc chair hatches plan to maintain management control
Korea Zinc Inc. Chair Choi Yun-birm said on Sunday he has a strategy for defending management control of the world’s top zinc and lead smelter ...
Nov 18, 2024 (Gmt+09:00)
long read -
Asset management
Hana Financial’s Hana The Next: New financial services tailored for seniors
As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reach...
Oct 23, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Korea Zinc takes control of key shareholder in management feud with MBK
Korea Zinc Inc. succeeded in taking control of Young Poong Precision Corp., a key player in the management battle against North Asia-focused private ...
Oct 22, 2024 (Gmt+09:00)
1 Min read -
Real estate
Koramco to open office next to NPS for property investment partnership
Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the wo...
Oct 18, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
MBK wins enough stake in tender offer to control Korea Zinc
North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control o...
Oct 14, 2024 (Gmt+09:00)
4 Min read -
Mergers & Acquisitions
Korea Zinc ups share buyback price, volume to counter MBK
Korea Zinc Inc. said on Friday it will buy back more shares at a higher price than originally planned to counter North Asia-focused private equity fi...
Oct 11, 2024 (Gmt+09:00)
3 Min read -
Asset management
Mirae Asset India surpasses 2 million retail client accounts
Mirae Asset Securities Co. said on Thursday that the number of retail client accounts in its India operations has crossed the 2 million mark.This mar...
Oct 10, 2024 (Gmt+09:00)
1 Min read -
Asset management
KIS hosts 2024 Stifel Research Forum in Seoul
Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, for...
Oct 08, 2024 (Gmt+09:00)
1 Min read -
Asset management
Wealthy Koreans look to Indian equities as 'next China' investment
First, it was the US that attracted many South Korean investors looking for higher returns.And then came China, which ensnared Korean retail investor...
Sep 30, 2024 (Gmt+09:00)
4 Min read -
Mergers & Acquisitions
MBK ups Korea Zinc bid price as management feud intensifies
North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost fo...
Sep 26, 2024 (Gmt+09:00)
3 Min read -
Asset management
Korea Securities to expand its ultra-high net worth business
Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its ov...
Sep 26, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
Korea Zinc to sell $301 mn in CPs amid management feud with MBK
Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundrai...
Sep 25, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Korea Zinc teams up with brokerage firm to counter MBK
Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company&...
Sep 19, 2024 (Gmt+09:00)
3 Min read
Latest News
- 1 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google