Search results for KoAct Kosdaq Active
Finance
Samsung Active Asset Management fund managers suspected of front-running ETF holdings, regulator probes
South Korea\'s Financial Supervisory Service is investigating allegations that some fund managers at Samsung Active Asset Management bought shares in advance of their inclusion in exchange-traded funds to seek improper profits. The watchdog is examining whether they identified stocks set for active ETF portfolios, bought them through nominee accounts and later sold for gains. The case emerged while authorities reviewed a prior information leak tied to the KoAct Kosdaq Active ETF listing.
Finance
Kosdaq may mount comeback after sharp selloff, fourth straight day of gains
Sentiment in South Korea\'s Kosdaq market is shifting after repeated sharp falls. The index rose for a fourth straight session on Aug. 5, after dropping to the low 700s. Buy sidecar curbs on program buy orders were triggered for three consecutive sessions from July 31 to Aug. 4 for the first time. Analysts cite deleveraging in margin loans and renewed institutional buying, while cautioning it is too early to call a structural uptrend.
Finance
Foreign buying spurs Kosdaq active ETF debut as market shifts
Expectations are growing for a re-rating of South Korea\'s Kosdaq market as foreign investors who recently left the KOSPI pour into the secondary board amid government moves to tighten delisting rules. On March 10, the country\'s first Kosdaq active ETFs drew more than 1 trillion won in combined turnover on their debut. Active ETFs allow managers to pick stocks rather than track an index mechanically, and broader regulatory easing could further expand the market.
