Asset management
Mergers & Acquisitions
MBK not to sell Korea Zinc to China after tender offer
Sep 19, 2024 (Gmt+09:00)
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Leadership & Management
MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc
MBK Partners Ltd., the North Asia-focused private equity firm, is set to take over Korea Zinc Inc. through an up to 2 trillion won ($1.5 billion) hos...
Sep 13, 2024 (Gmt+09:00)
4 Min read -
Banking & Finance
Activist fund KCGI to buy Hanyang Securities for $180 mn
South Korean private equity firm KCGI Co. is expected to acquire local brokerage house Hanyang Securities Co. for 244.9 billion won ($179.8 million),...
Aug 04, 2024 (Gmt+09:00)
2 Min read -
Leadership & Management
Samsung’s new chip leader calls for restoring competitiveness
It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his first...
Aug 01, 2024 (Gmt+09:00)
2 Min read -
Corporate governance
Korea’s Hanmi family feud to end as key shareholder mediates
South Korean Hanmi Pharmaceutical Group’s founding family is set to conclude an ongoing feud as the group’s top individual shareholder ha...
Jul 11, 2024 (Gmt+09:00)
2 Min read -
E-commerce
Gmarket CEO vows to reclaim lead with know-how from Alibaba, Coupang
The new chief executive of South Korea’s Gmarket Inc. on Monday pledged to drive the local retail giant Shinsegae Group’s online shopping...
Jul 08, 2024 (Gmt+09:00)
1 Min read -
Asset management
Young rich Koreans: Financially literate, self-directing
Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private bankers...
Jul 05, 2024 (Gmt+09:00)
2 Min read -
Asset management
South Korean brokerages woo super-rich to make them even richer
South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, have largely built their wealth through hard work, savings and t...
Jul 02, 2024 (Gmt+09:00)
3 Min read -
Asset management
Yellow Umbrella's new CIO to spur alternative investment
The Yellow Umbrella Mutual Aid Fund, a 25.4 trillion won ($18.5 billion) savings arm of South Korean small business owners, has tapped an alternative...
Jun 06, 2024 (Gmt+09:00)
1 Min read -
Leadership & Management
Korean catering firm Ourhome CEO to leave amid sibling feud
South Korea’s catering service provider Ourhome Ltd. Chief Executive and Vice Chairwoman Koo Ji-eun has failed in her attempt to serve another ...
May 31, 2024 (Gmt+09:00)
3 Min read -
Asset management
Premium OnlyRisk management is more important than ever, GPs say
Risk management and investment firms' operational capabilities have become more important than ever amid economic uncertainties, said speakers at the...
May 23, 2024 (Gmt+09:00)
2 Min read -
Asset management
Premium OnlyNiche real asset creates new opportunities, Korean investors say
The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppor...
May 23, 2024 (Gmt+09:00)
6 Min read -
Asset management
Premium OnlyKorean investors turn to private credit, secondaries: CIOs
South Korean institutional investors favor private credit as interest rates are expected to remain higher for longer, said speakers at the chief inve...
May 22, 2024 (Gmt+09:00)
3 Min read -
Pension funds
NPS corp governance committee taps SNU professor as member
A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Nat...
May 20, 2024 (Gmt+09:00)
1 Min read -
Asset management
Young rich Koreans set sights on M&As, commercial property deals
Young rich Koreans have emerged as big players in South Korea’s asset management market, expanding into M&As and commercial real estate, ar...
May 19, 2024 (Gmt+09:00)
3 Min read -
Asset management
Samsung Asset eyes expansion into US ETF market
NEW YORK – South Korea’s largest asset manager Samsung Asset Management Co. is leveraging its strategic partnership with a US investment ...
Apr 23, 2024 (Gmt+09:00)
2 Min read -
Asset management
Fed rate cuts will be faster than market consensus: TCW
Investors tend to rush to fixed-income markets when recession risk rises. South Korean investors are no exception – retail investors have been ...
Apr 02, 2024 (Gmt+09:00)
3 Min read -
Automobiles
Kia taps ex-BMW, Mercedes-Benz designers for China, Europe
Kia Corp., South Korea’s No. 2 automaker, has appointed former designers of German luxury carmakers BMW AG and Mercedes-Benz AG as chiefs of it...
Mar 26, 2024 (Gmt+09:00)
2 Min read -
Asset management
Mirae Asset taps Goldman veteran O’Connor as Global X ETFs CEO
South Korea’s Mirae Asset Global Investments Co. said on Wednesday it has appointed Ryan O’Connor, a Goldman Sachs veteran, as chief exec...
Feb 21, 2024 (Gmt+09:00)
1 Min read -
Asset management
India equity funds top overseas stock funds in S.Korea
India equity funds registered in South Korea have doubled their investors' wealth over the past five years, luring high-net-worth individuals looking...
Feb 19, 2024 (Gmt+09:00)
2 Min read -
Leadership & Management
LG Electronics puts focus on customers to drive growth
LG Electronics Inc., transitioning into a smart life solution platform company from a simple white goods manufacturer, will enhance its customer-cent...
Feb 19, 2024 (Gmt+09:00)
3 Min read -
Asset management
Mirae Asset, Bloomberg to team up to develop ETFs
Mirae Asset Global Investments Co., an asset manager under South Korea's financial service giant Mirae Asset Financial Group, will develop exchange-t...
Feb 15, 2024 (Gmt+09:00)
1 Min read -
Steel
POSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its core...
Feb 13, 2024 (Gmt+09:00)
3 Min read -
Asset management
Mirae Asset's Nasdaq-listed chip ETF soars amid AI craze
Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded fund (ETF) TIGER US P...
Feb 08, 2024 (Gmt+09:00)
1 Min read -
Corporate restructuring
Lotte Group Chairman says to sell ailing units for new biz: report
Lotte Group plans to sell ailing units as the South Korean retail-to-chemical conglomerate is shifting its focus to new growth sectors such as bio, t...
Jan 30, 2024 (Gmt+09:00)
3 Min read -
Business & Politics
Govenment calls end to Korean financial group heads' long-serving posts
South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improve...
Jan 29, 2024 (Gmt+09:00)
3 Min read -
Corporate governance
Kakao to replace K-pop pioneer SM execs over poor governance
Kakao Corp. is set to replace executives of SM Entertainment Co., who ousted its founder Lee Soo-man when the South Korean mobile giant acquired the ...
Jan 29, 2024 (Gmt+09:00)
4 Min read -
Fintech
Korean Kakao Pay’s acquisition of US' Siebert collapses
South Korean Kakao Pay Corp.'s takeover deal of US-based Siebert Financial Corp. has failed amid the growing legal risks surrounding top executives o...
Dec 20, 2023 (Gmt+09:00)
2 Min read -
Executive reshuffles
SK Chair Chey calls on cousin for help in group management
SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challenge...
Dec 05, 2023 (Gmt+09:00)
2 Min read -
Asset management
Flexibility unlocks opportunities: M&G Investments
As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bon...
Nov 30, 2023 (Gmt+09:00)
7 Min read
Latest News
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