South Korean 'baby boomers' give boost to domestic market

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DEMAND for financial assets among South Korea's "baby boomer" generation will boost the country's equity market in 2006, Baring Asset Manage-ment claims.

Baring Korea Trust manager Henry Chan said demand for shares in Korean companies among domestic investors in their 30s and 40s was rising. These “baby boomers” are attracted by low interest rates a...

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