Korea outflows to cease at Kospi 2000: Shinhan BNP

Oct 31, 2010

Shinhan BNP Paribas Asset Management readies a series of newly approved ‘condensed’ funds in expectation that 2011 will see local investors return to equities.

Shinhan BNP Paribas Asset Management, the second-biggest asset manager of onshore mutual funds in South Korea, has begun marketing so-called ‘condensed’ funds in expectation that next year will see local retail and high-net-worth investors resume buying domestic equities.

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