Search results for Housing and Urban Fund
Finance
KOSPI enters pause as financial sector faces pressure for inclusive finance
South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.
Finance
Mirae Asset Management AUM tops 600 trillion won; growth accelerates with ETFs, pensions and AI
Mirae Asset Management said its total assets under management reached 624 trillion won as of end-April, surpassing 600 trillion won. It attributed growth to its global ETF business, the expansion of domestic TIGER ETFs, and broader businesses including pensions, OCIO and real estate. Its Global X unit runs 747 ETFs across 13 markets. The firm is also expanding tokenised ETF offerings and reported strong growth in a semiconductor-themed TIGER ETF.
Finance
KB Securities named preferred bidder for Housing and Urban Fund OCIO mandate
KB Securities has been selected as the preferred bidder for the fourth term of the Housing and Urban Fund outsourced chief investment officer mandate. The firm said on Monday it was chosen after the Ministry of Land, Infrastructure and Transport recognised its management capabilities and tailored strategy in an evaluation process. KB Securities said the selection marks its entry into the large public fund management market and provides a basis to expand its OCIO business.
