Search results for Korea Investment Trust Management
Finance
Korea Investment Trust Management publishes ISA pension guidebook
Korea Investment Trust Management said on Thursday it published an \'ISA Pension Guidebook\' outlining asset management strategies linking individual savings accounts (ISA) with pension accounts. The guidebook explains stages from building a lump sum through an ISA to transferring funds at maturity and creating retirement income. It highlights long-term tax-saving strategies and asset allocation using exchange-traded funds. It also introduces transferring ISA proceeds to pension accounts within 60 days to receive additional tax credits.
Finance
Korea Investment Trust Management\'s ACE 200 ETF net assets top 1.5 trillion won
Korea Investment Trust Management said on Wednesday that net assets of its ACE 200 exchange-traded fund have exceeded 1.5 trillion won. Data from the Korea Exchange showed net assets at 1.52 trillion won as of the previous day, the first time the ETF has topped the level since listing in 2008. The firm said inflows totalled 382.1 billion won this year and cited strong returns.
Finance
Blue House, securities firms hold unofficial talks on retail investors returning from overseas markets
South Korea’s presidential office convened chief executives of major securities firms and asset managers to discuss measures to encourage retail investors who have shifted to overseas stock markets to return, the financial industry said. Participants discussed ways to revitalise capital markets and raise market appeal. Industry representatives raised concerns that rules on high-risk leveraged ETFs traded domestically are overly strict and suggested new accounts and tax measures, including income deductions and changes to fund and ETF taxation.