Search results for Investment Management Account
Finance
NH Investment & Securities launches IMA based on corporate finance investments
NH Investment & Securities said on March 26 it will launch its first Investment Management Account (IMA) product that invests in corporate finance assets. The product, N2 IMA1 Medium-Term Type No. 1, has a 2.5-year maturity and will be offered in rounds. Subscriptions will run from March 31 to April 6 during branch business hours, with sales capped at 400 billion won.
Finance
Mirae Asset Securities launches second IMA product to expand corporate finance, venture capital investment
Mirae Asset Securities said on March 24 it will launch its second Mirae Asset Investment Management Account (IMA) product. The three-year closed-end product has a minimum subscription of 1 million won and a maximum investment limit of 10 billion won. Sales will run from March 25 to 27 on a first-come, first-served basis for a total of 100 billion won, including 5 billion won seeded by the company. Returns are not fixed at subscription and will depend on performance at maturity.
Finance
Korea Investment, Mirae Asset, NH Investment Securities begin three-way IMA race as market interest cools
The integrated investment management account (IMA) market has entered a three-way contest after NH Investment Securities joined Korea Investment Securities and Mirae Asset Securities. But early momentum has cooled as investor funds shift to the stock market. Korea Investment has reduced offering sizes, and a January sale ended below its planned limit. Closed-end products targeting around 4 percent returns can look conservative amid a strong KOSPI, while rising mandatory venture-capital investment ratios add constraints for operators.
