Tag : sei asset korea

Khwarg Tae Sum seeks to take advantage of its UK parent to launch a range of international funds to help Korean investors diversify.

The UK fund house sees appetite for emerging market exposure, particularly China, and multi-asset allocation after completing its acquisition of SEI Asset Korea.

A number of domestic and international businesses are said to have expressed an interest in SEI Asset Korea, with a deal expected to be finalised by early April.

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.