Search results for ACE ETF
Finance
South Korea stocks swing wildly as network separation rules ease
South Korean stocks remain highly volatile, with circuit breakers and sidecars triggered in turns as the won slides and authorities issue verbal warnings on speculative trading. Investors are watching the U.S. Federal Open Market Committee for signals on the rate path and currency moves. Interest in SpaceX’s listing is strong, though some Korean firms received no allocation. Household loans are rising again, prompting tighter controls, while AI adoption spreads across finance alongside growing security concerns.
Finance
Korea Investment Trust Management to join SpaceX IPO, add to space tech ETF
Korea Investment Trust Management will participate in SpaceX\'s initial public offering and plans to add allocated shares to a space-technology exchange-traded fund and a public fund it manages. The company said it will join the IPO ahead of SpaceX\'s planned listing on June 12 local time. It also plans additional purchases on the listing day and aims to raise SpaceX\'s weight in its ACE U.S. Space Tech Active ETF to as much as 25 percent.
Finance
Samsung Electronics, SK Hynix leveraged ETF launch nears as fee war begins
South Korea’s securities industry is set to list single-stock leveraged and inverse ETFs tracking Samsung Electronics and SK Hynix, triggering a competition among asset managers over fees. Eight managers plan to list 16 products on May 27, including 14 leveraged ETFs and two inverse ETFs, the first such listings in the country. Fee levels vary widely, but the products are geared toward short-term trading, making trading costs and market-making quality key considerations.
