Finance
Shinhan Bank target-conversion fund sales top 1 trillion won
Shinhan Bank said cumulative sales of its target-conversion funds exceeded 1 trillion won this year. The products switch to bond investments once target returns are reached. The bank launched 13 products and achieved 1.11 trillion won in sales by Dec. 1. It said a campaign to boost domestic stock investment supported demand as Korea equity fund sales passed 2 trillion won. The bank plans to keep strengthening post-sale management and asset management services.
