KOREA - Korea has taken its first major step towards establishing a funded corporate pensions system with the new Employee Retirement Security Act (ERSA), which will allow employers the option of setting up either a defined benefit or defined contribution...
KOREA - RMF, a unit of hedge fund manager Man Group, has added to its Hedge Fund Ventures (HFV) programme.
KOREA - Standard Life Investments has hired John Shin as its chief representative in Korea, based in Seoul.
KOREA - Funds managed by Korea's National Pension Fund Corporation, which currently equal 14% of GDP, may rise to equal 100%, says a new country report by the Organisation for Economic Cooperation and Development.
KOREA - Current weakness in the Korean markets is providing investors with several attractive long-term opportunities - but only if the war against Iraq reaches a swift resolution.
FRANCE/KOREA - BNP Paribas Asset Management has signed a 50/50 joint venture deal with Korea's Shinhan Financial Group to set up a new investment trust management company.
KOREA - Fidelity Investments has appointed Anthony Gaughan as its new general manager for Korea.
CANADA/KOREA - The Korean National Pension Corporation (KNPC) has chosen CDP Capital, the fund management arm of the Caisse de dépôt et placement du Québec (CDP), to provide technical assistance, consulting services and training for the management of...
KOREA - The $250bn Korea National Pension Scheme has made two new hires as it initiates its manager-search for a new Korean private equity portfolio.
KOREA - The Korean ministry of finance said it will invest KRW4.6trn ($3.55bn) in investment trust companies to boost their liquidity.