FX hedging

Alternative investments Meritz backs half of ex-manager’s $210 mn hedge fund

Meritz Financial Group Inc., one of South Korea’s most aggressive alternative asset managers, has committed 150 billion won ($105 million) to ...

Foreign exchange Seoul to lift curbs on banks' investment in kimchi bonds

South Korea will lift restrictions on banks' purchase of domestically issued foreign currency bonds, dubbed “kimchi bonds," as part of policy ...

Mergers & Acquisitions Corstone, Q Capital in talks with foreign investors to sell K-chicken chain

Seoul-based private equity firms Corstone Asia and Q Capital Partners are in talks with foreign investors to sell a South Korean fried chicken chain...

Foreign exchange South Korea expands foreign banks' access to forex market

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...

Foreign exchange NPS initiates strategic currency hedging to unleash up to $48.2 billion

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...

Foreign exchange Korea to relax FX rules by December to boost dollar selling

South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...

Foreign exchange South Korea to ease foreign exchange regulations, expand FX swap line

South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...

Foreign exchange NPS incurs $500 million in missed gains due to improper forex hedging

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...

Foreign exchange South Korea returns to US FX monitoring watchlist

The United States has reinstated South Korea on its foreign-exchange monitoring watchlist, a year after it removed Asia’s No. 4 economy from t...

Markets Activist Palliser Pushes for Change at AI Chip Investor SK Square

Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pu...

Shareholder activism Korea challenges PCA ruling in favor of Mason Capital over Samsung case

South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...

Foreign exchange Korean won hits 15-year low in Q2 amid FX, economic uncertainty  

The South Korean currency fell to its lowest level against the US dollar in 15 years in the second quarter amid growing uncertainties surrounding gl...

Banking & Finance Mirae Asset's US dividend premium fund surpasses $72 mn in net assets

South Korea's Mirae Asset Global Investments Co. announced on Tuesday that the net assets of its Mirae Asset US Dividend Premium Fund, which invests...

Foreign exchange Korea FX authorities, NPS raise currency swap limit to $50 bn

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said on Friday it has agreed with foreign exchange...

Banking & Finance Korean banks broaden horizons to Mexico, Poland, Africa

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

Foreign exchange Navigating choppy waters: Dollar-won FX forecasting  

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

Real estate 2024 an intriguing year for Japan: Savills IM

The Japanese real estate market holds a prominent status in the global investment landscape, buoyed by robust fundamentals that have made it a sough...

Alternative investments S.Korean investors name their 42 favorite alternative asset managers

Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...

Foreign exchange Toss Bank launches commission-free foreign exchange services

South Korea’s fintech platform Toss Bank said on Thursday it has launched commission-free foreign exchange services for the first time as a do...

Leadership & Management S.Korea's HD Hyundai chairman: We can’t rely on bad profits

Kwon Oh-gap, chairman and co-CEO of South Korea's HD Hyundai Co., has ordered his company not to rely on “bad profits” gained from tempo...

Shareholder activism S.Korea files to revoke PCA ruling in favor of Elliott

South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...

Korean stock market Retail investors test EcoPro’s upside as Korea’s GameStop

Shares of EcoPro Co., a South Korean battery materials maker, have skyrocketed this year, rising 848% year to date to break above the 1 million won ...

Alternative investments Find opportunities amid macro uncertainty in 2023: M&G

Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...

Pension funds Inflation casts shadow over S.Korea NPS' hedging strategies

South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...

Foreign exchange S.Korea to allow offshore investors to directly trade won

South Korea is set to allow offshore investors to directly trade the won and extend the operating hours of the local currency market from July next ...

Banking & Finance Kookmin Bank launches foreign currency trading platform KB Star FX

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

Foreign exchange Korean NPS opens up forex hedging limit to maximum of 10%

South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...

Banking & Finance Hana Bank signs agreement for 24-hour forex trading

Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...

Foreign exchange Korean exporters suffer FX derivate losses on weak won

More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...

ASK 2022 KBIZ eyes value-added, senior loans for real estate

The Korea Federation of SMEs (KBIZ) bet on value-added and senior loans in global real estate investment this year, the institutional investors&rsqu...