Warning Signs Flashing in Korea as Investors Dump Stock ETFs
- $2 billion outflows from global Korea equity funds this year
- Half are from a Korea-based fund that tracks Kospi 200 Index
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Cracks are emerging in South Korea’s stock market, which has been showing remarkable resilience to a range of pressures, not least tension with the North.
Global investors have pulled $2.17 billion from equity exchange-traded funds focused on South Korea this year, even as those securities have returned 12 percent on average, according to data compiled by Bloomberg.