Korean brokers take global alts push to new level

As Korean asset owners keep looking for overseas alternative investments, Korean securities companies will continue to broker these deals. But in the process, they will have to increase their skin in the game, according to a new report from financial institutions group Moody's Investors Service. Moody's Investors Service has changed its outlook for securities companies in Korea to negative from stable. It reckons that difficult operating conditions over the next 12-18 months will …