Market expectations and concerns are colliding over a retail investor version of South Korea\'s National Growth Fund set to launch in May. The product will raise money from the public to invest in 12 strategic advanced industries and offers income deductions and preferential tax treatment on dividend income. Critics point to a five-year lock-up, liquidity burdens and questions over whether benefits will skew to wealthy investors. Concerns also include potential mis-selling and uncertain returns and dividend rules.

LG Energy Solution plans to issue 400 billion won of corporate bonds and filed a securities registration statement with the Financial Supervisory Service on Feb. 20. The won-denominated offering, its fourth, includes 2-year, 3-year, 5-year and 10-year tranches. The company will hold demand forecasting for institutional investors on Feb. 24 and may consider increasing the size depending on results. Pricing and the final interest rates will be set after the bookbuilding.