Tag - Korea Investment

Net asset of Korea's overseas funds hits record high

The net asset of South Korea’s overseas investment funds last week hit a record high of 88.2 trillion won ($75.4 billion) in nearly nine years, government data showed Wednesday. It marked the highest since Dec. 6, 2007, when the corresponding figure came to 87.8 trillion won, according to data compiled by the Korea Financial Investment Association. Real estate-based funds accounted for 24 percent of the total overseas investment funds, followed by equity funds with 17 percent, fund of funds with 16 [...]