Korea Investment Securities is joining hands with Morgan Stanley Investment Management to expand the offering of global investment products and overseas market research to South Korean individual investors.

Korea Investment Securities said on Nov. 10 it signed a strategic memorandum of understanding (MOU) with global financial company Morgan Stanley Investment Management to expand global investment products and research services.

Under the agreement, Korea Investment Securities will provide in Korean market outlooks and economic analysis materials written by Morgan Stanley Investment Management's global investment specialists.

The related content will be available on the 'Korea Investment' mobile trading system (MTS) app and the website. Korea Investment Securities will provide the Morgan Stanley Investment Management research content exclusively in South Korea.

The companies are also expanding cooperation in financial products.

Korea Investment Securities recently launched the Korea Investment Morgan Stanley Global Opportunity fund, which uses Morgan Stanley Investment Management's global equity investment strategy. It offers the investment strategy to domestic investors.

The two companies will also promote customer seminars and webinars involving global investment strategists and experts from Morgan Stanley Investment Management. They also plan to run a professional training programme for Korea Investment Securities employees.

They will also review ways to expand the scope of cooperation into customised asset management solutions such as wrap accounts.

Kim Seong-hwan (김성환), CEO of Korea Investment Securities, said, "As the global investment environment becomes more complex, demand is also growing for reliable professional information," adding, "We will broaden customers' investment options and improve the quality of asset management services."