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Finance

Korea stock ETFs top 50 percent of domestic market as KOSPI breaks 9,000

Domestic equity exchange-traded funds have grown to account for more than 50 percent of South Korea’s listed ETF market, as a rally in local shares including the KOSPI’s first move above 9,000 drew money into the funds. Total net assets across 1,140 domestic ETFs stood at 527.1 trillion won as of June 18, up more than 5 percent since May 27. Domestic equity ETF assets rose to 263.5 trillion won, while foreign equity and domestic bond ETF shares declined.

Finance

Korea ETF market nears 466 trillion won as asset managers compete more fiercely, internal controls in focus

South Korea’s listed exchange-traded fund market is expanding rapidly, intensifying market-share competition among asset managers. Total net assets stood at 465.98 trillion won as of May 12, with 1,108 ETFs listed. Samsung Asset Management led with 39.64 percent, followed by Mirae Asset with 31.69 percent. Mid-tier firms are focusing on active and theme-based ETFs. Regulators are also reviewing some ETF advertisements for potential internal-control lapses.