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March 2013 Vol. 18 No.3

Costs rising faster than revenues

Category: Asia, Korea
By Hank Morris

Managing assets in Korea no easy task

As both institutional and retail investors in Korea began to adjust their portfolios at the beginning of 2013, the total assets of public funds under management by the 84 Korean and foreign asset management companies active in the country rose from 317 to 332 trillion won (US$306 billion), a gain of over 15 trillion won, or about US$13.5 billion from December 31 of 2012 to January 31 of this year.

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