Search results for global asset allocation
Finance
Korea ETF market nears 466 trillion won as asset managers compete more fiercely, internal controls in focus
South Korea’s listed exchange-traded fund market is expanding rapidly, intensifying market-share competition among asset managers. Total net assets stood at 465.98 trillion won as of May 12, with 1,108 ETFs listed. Samsung Asset Management led with 39.64 percent, followed by Mirae Asset with 31.69 percent. Mid-tier firms are focusing on active and theme-based ETFs. Regulators are also reviewing some ETF advertisements for potential internal-control lapses.
Finance
Mirae Asset Securities pension assets top 70 trillion won, up 61 percent in a year
Mirae Asset Securities said its pension assets exceeded 70 trillion won as of April 20, reaching 70.1 trillion won. That was up 26.6 trillion won, or about 61 percent, from 43.5 trillion won a year earlier. Retirement pension balances rose to 45.8 trillion won from 30.1 trillion won, while personal pension balances increased to 24.3 trillion won from 13.4 trillion won. The company cited client performance and global asset allocation.
Crypto
Bitcoin at $10,000 or $500,000? Bears and bulls remain locked in standoff
Bitcoin has become the focus of market debate as projections split between a surge to $500,000 and a slide to $10,000. Bitcoin advocate Andrew Parrish calls recent declines an opportunity, citing extreme fear readings and ETF outflows as a chance to accumulate. Investor Rick Edelman also sees a path to $500,000 by 2030 through broader global allocation. Bloomberg Intelligence strategist Mike McGlone warns of an 85% drop.
