Setting the record straight on Korean segregated accounts
Category: Asia, Korea
By Hank Morris
It was recently reported on an online news platform that the Korean authorities intend to ban segregated accounts starting in January 2015. In fact, the term “segregated accounts” is not accurate in the sense that although the single-investor funds commonly used by institutional investors in the country are essentially the equivalent of segregated accounts, they are in fact standard domestic Korean market unit trust funds
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