Search results for Korea Investment Management
Finance
SpaceX IPO push, Artemis 2 launch draw attention to space-related stocks and ETFs
Space-related stocks and exchange-traded funds in South Korea are rising as SpaceX\'s initial public offering push coincides with the successful launch of NASA\'s crewed lunar mission Artemis 2. Space-focused ETFs posted sharp daily gains, and shares tied to SpaceX holdings also advanced. Companies across the domestic space value chain showed strength. Attention is also on new space-themed ETF listings, while one asset manager withdrew a swap plan after a regulator\'s criticism.
Finance
Korea Investment Management\'s ACE Global Semiconductor TOP4 Plus ETF tops 1 trillion won in net assets
Korea Investment Management said on Tuesday that net assets of its ACE Global Semiconductor TOP4 Plus exchange-traded fund have exceeded 1 trillion won. Korea Exchange data showed the ETF\'s net assets stood at 1.0027 trillion won as of the Feb. 20 close. The fund concentrates on representative firms across four semiconductor sub-sectors. As of Feb. 25, SK Hynix was the top holding at 23.33 percent.
Finance
Korea Investment Management teams up with ETF Bakery to sell ACE ETF cream bread
Korea Investment Management said on Feb. 13 it has been selling a cream bread set since Feb. 12 through a collaboration with ETF Bakery. The product is linked to the ACE Global Semiconductor TOP4 Plus exchange-traded fund and combines four signature cream breads into one set. Each bread represents Nvidia, TSMC, SK Hynix and ASML. Sales are limited to 80 sets a day and end on Feb. 28.