KOREA - Plans for a third major pension scheme in Korea will be realised by mid-2002 when the government introduces the Corporate Pension Fund, a private sector fund for Korean companies.
KOREA - Korean investment trust companies have suggested that the government takes funds from major parastatals to counter the effects of poor market conditions.
KOREA - Swiss fund manager Zurich Scudder Investments (ZSI) is expanding operations in Korea by launching a new unit, Zurich Scudder Investments Korea.