The introduction of new public offering funds when setting performance fee, apply self-funding

[Korea goyounghun financial newspaper reporter] Finance Authority plans to apply the guidance set at the initial public offering fund performance fees for asset management companies or to invest his own funds.

Financial Supervisory Service announced the "Measures to improve market order for funds to establish" such a plan containing two days.

The industry has invested significantly reduce the small-scale funds to dalhadeon 815 June 30, 2015, the end of '12 2016 126 pieces. FSS has strengthened the institutional and managerial support to ensure a smooth and organized a small fund, Parallel and administrative maps. Until now it has integrated 174 small fund similar to the funds.

FSS has been pursuing a public offering fund larger strengthen the operational responsibility for the operation and management capabilities focusing on fund managers. In this amendment shall apply during the new fund set up self-funding and performance fees for asset management in order to strengthen the operational responsibility.

Since July last year, has one bar divided into six stages of severity, from the previous Step 5, and to select a rating based on the volatility (the last 3 years annualized standard deviation of weekly returns) restructuring fund risk rating system. In addition to 75 full-time professional private management companies and securities companies had entered five newly Management Business.

We will continue to be improving the availability of funds, risk rating, it is only a complement to ongoing major push to revamp the plan.

It was related to the maintenance system to stop the service - one can move companies to fund one visit that was introduced in February last year. As a simplified procedure for moving the company last year, fund sales conversion rate has increased by 5.7% yoy.

In addition to strengthening compliance with asset allocation, including pre-checked and unsound business practices, disclosure of investor funds were also centered maintenance. Plan to reorganize the way funds information available to investors using asset management and sales company mainly convenience and usability are also at the center of the review.

FSS ryugukhyeon Asset Management Bureau explained that, "We will check the adequacy of the system and maintenance fees for the IPO fund raising confidence and induce competition among sellers and asset management."



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Financial Services Commission, last year's fourth quarter of 2.2478 trillion won of public funds recovered 67.8% recovery rate ...

[Korea hyerin nine financial newspaper reporter] Financial Services Commission has announced that one days recovering public funds of 2.2478 trillion won in the fourth quarter of last year.

Deposit Insurance Corporation has held a number of 20 billion won to 2.2278 trillion won our stake in the bank, as Mr. Kay anaen loan interest income.

As a result of the financial crisis a total of 168.7 trillion won in public funds were recovered 67.8% amounting to 114.3 trillion won. Recovery is the level rose by 1.3% points compared to the end of September last year.



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"We sell the bank effect" 4Q11 public funds recovered W2.2trn

[Korea Jeongseon financial newspaper reporters - Financial Services Commission said that 28 days 2.2478 trillion won of public funds recovered in the fourth quarter of last year.

Was held by the Korea Deposit Insurance Corporation collected 20 billion won to 2.2278 trillion won our stake in the bank, as Mr. Kay anaen loan interest income.

This allows the recovery of public funds by the end of December rose 67.8% from 66.5% in the end of September last year.

Government has committed a total of 168.7 trillion won in public funds for insolvency after the financial crisis in 1997, including financial institutions, organize, and recovering the dual 114.3 trillion won.

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Kiwoom Asset Management initiated a global interest rates and inflation linked funds NH Agricultural Bank sold

[Nine South Korea financial newspaper hyerin News] Kiwoom Investment Asset Management (Lee Hyun representative) 27 that allows up through the NH Agricultural Bank of Inflation-linked with Kiwoom global interest funds that can generate stable profits in US interest rates and inflation riser days He said.

Major investments Kiwoom global interest rates and inflation indexed funds linked to variable interest rate loans, senior loans of Treasury bonds and the funds of funds that invest in assets associated with it.

In the case of senior loans it is linked with maturity LIBOR (LIBOR) interest income for the three months is expected to increase interest rates and inflation linked government bonds riser is linked with the consumer price index plus interest can enjoy the principal riser rising inflation effects. On the contrary, it is time to drop the interest rate and expected inflation has run the bond asset allocation strategy with flexible operational strategy to increase the proportion of general investment bonds.

Kiwoom Investment Asset Management Kim, Seong - Hun head of marketing is' generally rising prices is the price of regular bonds issued with a fixed interest rate if the lead to interest rate hikes will decline, but Kiwoom global interest rates and inflation linked funds floating rate loans and price-indexed investments in government bonds to the contrary, saying, 'structure that increases revenues, he said the recent economic recovery in the commodity might be actively recommended in point being the center of interest rates and inflation pressures strong, distinct US ".

Kiwoom global interest rates and inflation linked funds can subscribe through the Agricultural Bank of NH jeonjijeom from 27 February and can be hwanheji type, choose from two types of mold exposure. The minimum annual remuneration 0.29% up to 0.89% depending on the subscription class no redemption fee.



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Emerging market equity funds, investment proportion increased prospects Korea

Korea Investment ratio is expected to be expanded in the financial newspaper goyounghun Korea News] emerging market equity funds.

27, Korea Investment share in emerging markets stock funds, according to tongyang securities were to rise from the previous quarter to the first half of last year I did not have significant changes since 2012.

Tongyang securities gimhujeong fund analyst "American spectrum updated in the presidential concern to emerging equity funds for the election since last year's stronger dollar by the end of and trade protectionism strengthen it funds get out," he said "This year, the inflows resumed into emerging markets equity funds and there, "he said diagnosis.

Kim analyst, "We usually record the emerging markets equity fund flows and foreign net buying in Korea the securities market of foreign net buying has showed a similar pattern last year in December nagateuna money out of the emerging markets equity funds, Korea Securities Market" It analyzed.

Asia (excluding Japan) equity funds in December last year was a net outflow of funds. Emerging market equity funds in the future, in the fourth quarter showed growth of Korea investment share that opinion was expected to increase by Korea Investment earnings ratio of corporate Korea.

He "was last year as the second half of the large-cap earnings, including Samsung Electronics visible from, emerging markets equity fund Korea equity weighting within're growing rapidly investment share of South Korea end of 2016 recorded the highest level since 2012 at 9.5%," he said He predicted that "given that the higher the income level of corporate Korea, Korea investment funds share in emerging markets will be expanded further."



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[Weekly market funds - KOSPI 200 futures index fund leverage Hanwha top ↑ ...

[Korea hyerin nine financial newspaper reporter] Fourth week of February leverage funds KOSPI 200 index futures are rising beat excellent performance.

According to the fund rating agencies epeuaen Guide 24-day domestic equity recorded a 1.16% weekly return of 0.08 points below the yield BM (KOSPI TR, 1.24%) and maintained a continuous positive returns in two weeks.

Active fund returns (0.97%) fell short compared to index funds (1.44%). Details to type while the chemical sector stocks active in the sluggish flow of the energy sector due to the excellent performance of leveraged funds in the stock index KOSPI 200 futures index rose 1.47 percent recorded the other showed a relatively low flow to 0.75%.

AUM 10 billion won or more domestic equity funds (excluding ETF) among the 'Hanwha 2.2 times leverage index securities investment trust (equity-derivative ingenuity foldable) Category A' of one is above the index stocks other day type yield (1.47%) 1.83% points 3.30 recorded% of yield.

Followed by 'NH-Amundi Korea twice leveraged securities investment trusts - equity - derivatives] ClassAe', 'KB Star Korea leverage 2.0 Securities Investment Trust (equity-derivative) A Class',' one UBS Power 1.5 times leverage index securities investment trust [CO-derivative] ClassC 'recorded a performance of 2.84%, 2.57%, 2.24%, respectively.



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