Kyungji Cho
Stories by Kyungji Cho
Korea’s $145b wealth fund shifts towards fixed income assets
KIC, founded in 2005 to invest some of the nation’s reserves offshore, is turning “slightly defensive”.
S Korean investors piling ‘tens of billions’ into risky assets chasing yield
A hunt for yield is prompting S Korean investors to pile tens of billions of dollars into unconventional assets abroad.
PE-backed Homeplus withdraws $1.5b REIT listing on weak demand
The number of listed REITs in Asia’s fourth-largest economy is still small, with only six publicly traded property trusts out of the total of 222.
Quest for fresh food pushed this ex-Goldman banker to come up with Market Kurly app
The app is disrupting South Korea’s retail industry by giving grocery shoppers fewer reasons to visit a store.
Plastic surgeon-led consortium acquires $352m stake in South Korean crypto exchange
A group led by plastic surgeon and startup investor Kim Byung-gun will buy 50% plus one share of BTC Holding Co, the largest investor in Bithumb’s o
Korea Post’s $112b fund looks overseas to earn better returns
It is planning to buy riskier debt in North America and Europe as well as foreign infrastructure assets and properties
S Korea dominates in Asia leveraged loans on private equity
Eleven financial institutions from the peninsula took up all the top spots as the most active participants in the region’s leveraged facilities
Citigroup responds to digitally advanced Korea with wealth-management shift
As consumers handle most of their banking transactions online, the number of bank outlets is dropping across Korea.
Goldman sees Korea M&A boom continuing after 60% gain in ’17
M&As involving Korean companies have totaled $92 billion so far in 2017, from $58 billion a year earlier, Bloomberg-compiled data show
