South Korean asset managers, including Korea Investment Trust Management and Mirae Asset Management, have been unable to secure shares in SpaceX's IPO through Mirae Asset Securities, their underwriter. The failure to allocate shares means their plans to include SpaceX in their ETFs are now in jeopardy.
South Korean ETF net assets are approaching 500 trillion won after an eight-day dip. Despite market volatility and foreign sell-offs, individual investors bought over 9 trillion won in ETFs, cushioning the decline. Leveraged ETFs and S&P 500 ETFs saw significant inflows, while semiconductor ETFs experienced outflows.
Woori Asset Management's Semiconductor BIG2 Plus Fund has achieved a remarkable 74.4% return over the past year, outperforming other mixed-bond funds. The fund invests in Samsung Electronics and SK Hynix, alongside mid-to-small cap growth stocks, while maintaining a 70% allocation to domestic bonds to mitigate volatility. Its net assets have grown significantly, with a substantial portion of new investments coming from pension funds.
Mirae Asset Management announced that its TIGER Semiconductor TOP10 Covered Call Active ETF will distribute 215 won per share for June. This ETF invests in leading domestic semiconductor companies like SK Hynix and Samsung Electronics, utilizing option premiums as a distribution source.
마스턴투자운용이 서울 구로구의 4성급 호텔 '포포인츠 바이 쉐라톤 서울 구로'를 약 859억원에 인수 완료했다고 11일 밝혔다. 이 호텔은 서울디지털산업단지를 배후로 비즈니스 및 관광 수요 창출이 기대된다.
NH투자증권 raised its target price for Samsung C&T to 550,000 KRW from 425,000 KRW, maintaining a 'buy' rating. The upgrade is driven by increased investment value in affiliates like Samsung Electronics and Samsung Life, and a revised discount rate on net asset value.
미국 기준금리 인상 가능성과 이재명 대통령의 국채 발언이 영향을 받아 8일 국고채 금리가 일제히 상승했다. 3년물은 3.94%에 마감, 2년 7개월 만에 3.9%대 회귀
6월 둘째 주, 피스피스스튜디오 상장 및 4개 기업 수요예측... IPO 시장 활기 찾을까
South Korean Treasury yields surged on May 4th due to heightened Middle East tensions and concerns about potential consecutive interest rate hikes by the Bank of Korea in July and August. The 10-year yield reached its highest since November 2023.
Shinhan Financial Group has signed MOUs with the Canton Network foundation to participate in the governance of the public blockchain designed for financial institutions. This collaboration aims to build infrastructure for digital asset trading and explore global market opportunities.
한국투자신탁운용이 스페이스X의 IPO에 참여한다고 밝혔다. 이는 국내 자산운용사 중 최초이며, 배정받은 주식은 ETF와 펀드에 분배하고 상장 당일 추가 매수도 계획 중이다.
Mirae Asset Group Chairman Park Hyun-joo unveiled 'Mirae Asset 3.0' as the group's next growth strategy, focusing on integrating core competencies like ETFs, AI asset management, and digital assets to enhance its global investment platform.
NH투자증권 maintained its 'buy' rating and target price of 600,000 won for LS, citing expected performance improvements at its subsidiary LS Cable & System and potential revaluation of the holding company's value.
40대 투자자들이 삼성전자·SK하이닉스 등 단일종목 레버리지 ETF 시장을 주도하고 있는 것으로 나타났다. 4개 증권사의 14개 상품 합산 결과, 40대는 투자자 수와 투자금액 모두에서 가장 높은 비중을 차지했다.
NH투자증권, 운영자금 확보 위해 약 4천억 원 규모 제3자배정 유상증자 결정. 최대주주인 농협금융지주가 신주 인수. IMA 등 신사업 성장 지원 및 리테일 신용공여 한도 확대 목적.
South Korean Treasury bond yields initially rose following the release of inflation data but reversed course to close lower. The 3-year yield fell 1.7bp to 3.773%, and the 10-year yield dropped 3.9bp to 4.135%. Market sentiment shifted as inflation concerns eased, supported by significant foreign buying of futures.
Woori Asset Management has launched the 'WON Samsung Electronics Hyundai Motor Bond Hybrid 50 ETF', investing 50% in Samsung Electronics and Hyundai Motor as key beneficiaries of physical AI, and the remaining 50% in short-term bonds for growth and stability.
Mirae Asset Asset Management has listed the 'TIGER KOSDAQ Active ETF' on the Korea Exchange. This active ETF aims for excess returns by strategically investing in KOSDAQ-listed companies, focusing on core growth sectors like semiconductor materials and components.
KB자산운용의 'RISE 네트워크인프라 ETF'가 AI 반도체 공급망 집중 투자로 국내 주식형 ETF 중 최고 수익률을 기록했다. 1년 수익률 758.11%, 3년 수익률 923.30%를 달성했으며, 삼성전기, SK하이닉스 등 AI 핵심 부품 기업에 집중 투자한다.
Samsung Securities maintained its 'buy' rating on Kia, raising its target price to 240,000 won, citing undervaluation despite strong performance. The firm highlighted Kia's significant stake in Hyundai Mobis and the potential for increased shareholder returns.
Korean stock market ETFs tracking the KOSPI 200 index and major tech stocks like Samsung Electronics and SK Hynix are set to list in Hong Kong and the US, enhancing global investor access to the Korean market amid a recent surge.
New leveraged ETFs tracking Samsung Electronics and SK Hynix are launching on May 27th. While management fees appear similar, differences in operational methods, particularly the adoption of 'physical' settlement by some firms instead of 'cash,' could impact investor returns due to tax implications and pricing strategies.
