South Korea ETF Market May More Than Double, Samsung Asset Says
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South Korea’s exchange-traded funds market may more than double in size within two years on increased investor demand, Samsung Asset Management Co. said.
The value of ETF assets in South Korea, the fourth-biggest market for the products in Asia, may expand to 15 trillion won ($13.4 billion), said Kim Dunam, head of the ETF management team at Samsung Asset, the nation’s biggest provider of ETFs. That compares with 6.6 trillion won currently, bourse data show.