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Hong Kong’s CSOP AM sets sights on South Korea’s retail ETF market

Financial Times LogoFinancial Times3d ago

Hong Kong’s CSOP AM sets sights on South Korea’s retail ETF market - Financial Times

Quick Summary:

It had around 630 ETFs with assets of around Won77.3tn ($56.3bn) in early November, a significant increase on the Won13.4tn held in about 130 funds in 2012, exchange data show.

South Korean investors have no shortage of existing China-focused ETFs to choose from, although they are all managed by domestic investment companies.

South Korea offers CSOP AM an opportunity to tap a rapidly growing market.


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Article Details

Author / Journalist: Lisa Kim

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 05:00:53 (3 days ago)

News Timezone: GMT -5:00

Ranking: #1003 (out of 2334 stories this day)

News Source URL: ft.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 1923924

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 18 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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Publisher ID: #3

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