Friday, March 10, 2017

Full time investment advisor, net loss in the third quarter ... Where six of the 10 losses



[Korea goyounghun financial newspaper reporters] 3Q earnings of all full-time investment advisor posted a net loss. Where six of the 10 appeared to be a deficit.

According to the Financial Supervisory Service announced on the 10th, the third quarter (October-December) earnings of full-time investment advisor, investment income of full-time advisors has been counted as a net loss of 2.1 billion won to 16.7 billion won and 14.6 billion won decrease from the previous quarter.

Late last year, based on Investment Advisory is a full-time six companies to 159 companies, such as newly occurring late September, four companies have turned to specialized private equity Investment Managers. The number of employees was 1166 people, down 49 people.

58.5% of the total of 159 companies found that 93 companies in the red. Companies deficit is higher than the previous quarter 5 companies were 88 exhibitors. Another company net profit of 70 companies have increased from the previous quarter. We can see that there is a difference in Nago profitable sector.

Investment advice, discretionary investment advisors for full-time contracts logos since the end of June 2015 recorded 38.4 trillion won at the end of June last year, reduced by 17 to 800 billion won consistently fell by more than half in just 18 months. The decline amounted to 59.6%.

FSS official said, "It was the reason for the deficit eoteumyeo reduced operating revenues increased operating costs and increased operating loss own property in accordance with the contract and reduction, etc."



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