Macquaire Korea Asset Management
Scope
Date
~
-
Economy
S. Korea's foreign currency deposits hit record high on weaker dollar
Foreign currency deposits in South Korea have swelled to a record high in November on the back of a weaker dollar, boosting local banks' holdings to $...
Nov 23, 2020 (Gmt+09:00)
-
Alternative investments
Korea to tighten grip on brokerages’ alternative investments
South Korean brokerage firms' alternative investments worth over $50 billion will come under tight control, after reckless investment in overseas real...
Nov 20, 2020 (Gmt+09:00)
-
IPOs
Top Korean travel startup Yanolja taps 2021 IPO managers
South Korea’s largest travel platform Yanolja has mandated Mirae Asset Daewoo Co. and Samsung Securities Co. to handle its initial public offe...
Nov 20, 2020 (Gmt+09:00)
-
Korean startups
Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund
South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...
Nov 19, 2020 (Gmt+09:00)
-
Korean stock market
Market rally double-edged sword for fund managers as investors exit
The South Korean stock market’s recent rally is both a blessing and a curse for fund managers as investors are increasingly exiting their funds ...
Nov 17, 2020 (Gmt+09:00)
-
RFPs
Korea Post to commit $200 mn to global infrastructure funds
Korea Post’s savings arm will select two infrastructure fund houses to invest $200 million in overseas core infrastructure assets, according to ...
Nov 16, 2020 (Gmt+09:00)
-
Economy
S.Korea, Japan ink first free trade deal via 15-country trade bloc
South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...
Nov 16, 2020 (Gmt+09:00)
-
Corporate strategy
Amazon, SK Telecom join hands in Korea e-commerce market
SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...
Nov 15, 2020 (Gmt+09:00)
-
Logistics
S. Korea's shipping firms grapple with container shortages
Growing shipping volumes and surging sea freight rates are wreaking havoc on South Korea's shipping companies, reeling from a dire shortage of contain...
Nov 12, 2020 (Gmt+09:00)
-
Public finance
S. Korea's fiscal deficit tops $90 bn; public debt hits record high
South Korea's fiscal deficit in September has pushed the annual shortfall to over 100 trillion won ($89.6 billion) with public debt reaching an all-ti...
Nov 10, 2020 (Gmt+09:00)
-
Petrochemicals
Global petrochem supply glut divides Korea’s winners, losers
The global petrochemical market is grappling with oversupply amid weak demand in the pandemic era, creating a clear divide between winners and losers ...
Nov 09, 2020 (Gmt+09:00)
-
Healthcare
Korea's most-repurchased mask maker up for sale
Wellkeeps Co., a South Korean mask manufacturer, has issued an information memorandum to potential buyers including financial investors and strategic ...
Nov 06, 2020 (Gmt+09:00)
-
Cloud computing
SAP joins growing competition in S. Korea's cloud market
SAP, a German enterprise software giant, is expected to heat up competition in South Korea's cloud market as it unveils plans to build a data center i...
Nov 05, 2020 (Gmt+09:00)
-
Economy
S. Korea’s current account surplus at 2-yr high; full-year surplus to top BOK forecast
South Korea’s current account surplus rose in September to its highest level in two years on the back of rebounding exports of chips and automob...
Nov 05, 2020 (Gmt+09:00)
-
IPOs
Korea’s No. 1 chicken franchise raises $8.2bn in subscriptions
South Korea’s No. 1 fried chicken franchise operator Kyochon F&B pulled in a staggering $8.2 billion in deposits during its two-day public s...
Nov 04, 2020 (Gmt+09:00)
-
Mergers & Acquisitions
Korea's largest job portal JobKorea up for sale
South Korea-based private equity firm H&Q has begun the sale process for JobKorea, the country's largest job portal estimated to be worth up to $7...
Nov 04, 2020 (Gmt+09:00)
-
Sovereign wealth funds
KIC CEO Choi Heenam named S.Korea’s financial ambassador
South Korea’s Ministry of Foreign Affairs has appointed Choi Heenam, chief executive of the Korea Investment Corporation (KIC), as the country's...
Nov 04, 2020 (Gmt+09:00)
-
Economy
S. Korea's FX reserves rise for 7th straight month to record-high $426.5 bn
South Korea's foreign exchange reserves rose for a seventh straight month to a fresh record high in October due to gains in non-dollar assets and incr...
Nov 04, 2020 (Gmt+09:00)
language -
Batteries
Korea’s EV battery stocks surge on Europe sales, US vote
Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...
Nov 03, 2020 (Gmt+09:00)
-
Strong KRW helps S. Korea hold above $30,000 per capita GNI
South Korea’s per capita income is expected to continue its downward streak for the second straight year in 2020 due to the coronavirus impact, ...
Nov 03, 2020 (Gmt+09:00)
-
Forex management
NPS to manage FX exposure via derivatives
The National Pension Service will begin to manage foreign currency risk through derivatives trading, as the $690 billion pension fund is aiming to boo...
Oct 30, 2020 (Gmt+09:00)
-
Aberdeen Standard Investments
[ASK2020] Allocate to ideas, not asset classes
Aberdeen Standard Investments is dedicated to helping investors around the world reach their investment goals and broaden their financial horizo...
Oct 30, 2020 (Gmt+09:00)
-
Corporate governance
SK Holdings' board underpins new standard in Korea
On Jul. 21, SK Holdings Co.'s board of directors rejected management's request to simplify the reporting procedure for investment proposals. Among the...
Oct 29, 2020 (Gmt+09:00)
-
Michael Breen on Korean Peninsula
Why Korea struggles to manage the US, China
As the United States and China fight like proverbial whales in the ocean, middle power dolphins like South Korea must strategize to avoid being crushe...
Oct 29, 2020 (Gmt+09:00)
-
Korean Investors
Transparency, GP commitment key in Korea LPs' manager selection
South Korea’s leading institutional investors, including the National Pension Service (NPS), rated general partners’ (GP) commitment and f...
Oct 28, 2020 (Gmt+09:00)
-
Korean investors' survey
Korean investors pick private debt as preferred asset class
South Korea’s institutional investors, including pension funds, mutual aid associations and insurers, plan to increase the private debt portion ...
Oct 27, 2020 (Gmt+09:00)
-
Infrastructure fund
KKR’s $3 bn Asia infra fund to raise $200 mn from Korea
South Korean pension funds and insurance companies will commit $200 million in aggregate to KKR’s first Asia infrastructure fund targeting to ra...
Oct 27, 2020 (Gmt+09:00)
-
Trends
Neon signs give way to no-sign trend in Korea
Flashy, glittery neon signs used to be one of the signature sights of Seoul, a city that never sleeps. But these signs are slowly becoming a thing of ...
Oct 23, 2020 (Gmt+09:00)
-
IPOs
Firms vie to become Krafton's $883 mn IPO manager
A competitive lineup of securities firms gathered at game developer Krafton Inc.'s office building in Pangyo, Gyeonggi province on Oct. 21 to pitch fo...
Oct 21, 2020 (Gmt+09:00)
-
Korea's signature sauce gochujang goes global, riding on K-wave
South Korea’s food exports have surged on the back of Korean dramas, or more popularly known as K-dramas, gaining global popularity particularly...
Oct 20, 2020 (Gmt+09:00)
Latest News
- 1 Hyundai, Kia’s H1 vehicle sales in Singapore double, aided by HMGICS
- 2 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 3 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 4 AI startup MarqVision raises $16.5 mn to close Series A
- 5 Taihan Cable wins $630 mn power grid project in Singapore