Korea next project for JF Asset Management

The firm is exploring ways to enter the Korean market.

With a functioning joint venture in China, the next frontier for new business is South Korea, says Desmond Ng, head of Asian institutional business at JF Asset Management. The firm is weighing the pros and cons of setting up a wholly owned investment trust management company ITMC, or entering a joint venture. Ng hopes to have an active onshore presence established in 2006.

We see Korean institutional and retail investors are becoming more receptive to products other than domestic money market and bond funds, Ng says. And the government is pursuing the goal of making Korea an investment funds hub, so it is deregulating and helping improve transparency.

...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222