Fintech

Samsung Asset Management\'s KODEX TDF ETF series tops 1 trillion won in net assets

Samsung Asset Management said combined net assets of its four KODEX TDF Active exchange-traded funds exceeded 1 trillion won based on the May 18 close. The total stood at 1.01 trillion won, led by the KODEX TDF 2050 Active at 612.4 billion won. The company said inflows were notable in the 2050 and 2060 vintage funds. It said the series can be held up to 100 percent in DC and IRP retirement accounts.

Finance

KOSPI enters pause as financial sector faces pressure for inclusive finance

South Korea’s stock market has surged on an AI semiconductor rally, pushing the KOSPI above 8,000 for the first time and lifting market value to sixth in the world, ahead of Taiwan. Brokerages posted strong first-quarter results as trading rose. Caution is also growing over volatility after the sharp run-up. Separately, “inclusive finance” has emerged as a key issue as banks and financial groups face pressure to expand support for vulnerable borrowers and strengthen public responsibility.