Korea fund houses betting on pensions for salvation

Mar 7, 2011

Despite a bright outlook for Korean equities, it might take the expansion of corporate pensions to return assets to pre-crisis levels, says SEI’s Thae Khwarg.

The pre-global financial crisis model for selling mutual funds in Korea is broken and it might require the expansion of corporate pensions before it revives, says Thae Khwarg, CEO at SEI Asset Korea.

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