The introduction of licences for independent financial advisers is likely this summer, but will it get Koreans investing in equity funds again?
Fund Online Korea’s debut is meant to support smaller, independent asset managers. How will CEO Cha Moon-hyun deal with the project’s contradictions?
The Financial Services Commission says it will approve a licence for an online funds supermarket as soon as possible, to be fully operational by March. The aim is to cut costs and create a competitive distribution landscape.