South Korea's exchange-traded fund market has entered an era of more than 300 trillion won in net assets, but asset managers are growing more concerned as fee cuts intensify. More than 60 percent of net inflows into domestic public funds in 2025 went to ETFs, as active equity funds fell out of favor. Large firms have lowered total fees to around 0.01 percent, squeezing margins. Authorities and the industry have introduced listed share classes of public funds to improve access, while experts call for more differentiated portfolio strategies.

Anthropic, often grouped with OpenAI and Google as a Big 3 in large language models but viewed as No. 3, is gaining prominence after unveiling Claude Co-Work and its latest model, Claude Opus 4.6. The releases have been linked to declines in software company shares and wider discussion of a “death of software.” Reports cited by the article show rapid growth in annualised revenue and rising enterprise market share, with strong usage in LLM APIs and coding tools.