South Korea’s top financial holding company asset managers are reporting widening losses in real estate funds, with most portfolios underperforming market benchmarks and only Woori Asset Management remaining in positive territory.
#YonhapInfomax #RealEstateFunds #KBFinancialGroup #OperationalLosses #AssetManagement #WooriAssetManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=92464
Financial Holding Company Asset Managers See Widening Losses in Real Estate Fund Operations
South Korea’s top financial holding company asset managers are reporting widening losses in real estate funds, with most portfolios underperforming market benchmarks and only Woori Asset Management remaining in positive territory.
FSS Governor Lee Chan-jin urged South Korea’s financial sector to unlock real estate-tied funds through reverse mortgages and trust products, channeling them into consumption and investment to address the challenges of an aging society and support economic growth.
#YonhapInfomax #FinancialSupervisoryService #LeeChanJin #RealEstateFunds #ReverseMortgage #AgingSociety #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=82996
Lee Chan-jin Urges Financial Sector to Unlock Real Estate Funds via Reverse Mortgages and Trust Products to Spur Investment
FSS Governor Lee Chan-jin urged South Korea’s financial sector to unlock real estate-tied funds through reverse mortgages and trust products, channeling them into consumption and investment to address the challenges of an aging society and support economic growth.
Competition heats up as Daishin Financial Group, Hanwha Life, Heungkuk Life, and CapitaLand Investment submit bids to acquire IGIS Asset Management, South Korea’s largest real estate asset manager, with the deal valued at over $600 million and further global interest expected.
#YonhapInfomax #IGISAssetManagement #Acquisition #RealEstateFunds #DaishinFinancialGroup #CapitaLandInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=77496
Financial Groups, Insurers, and Foreign Players Vie for Control of Real Estate Giant IGIS Asset Management
Competition heats up as Daishin Financial Group, Hanwha Life, Heungkuk Life, and CapitaLand Investment submit bids to acquire IGIS Asset Management, South Korea’s largest real estate asset manager, with the deal valued at over $600 million and further global interest expected.
Strengthening investor protection:
The #Ecofin Council reached agreement on its position on a review of the rules which govern managers of #hedgefunds #privateequityfunds #privatedebtfunds #realestatefunds
Read our press release: https://europa.eu/!cVhBYm
🐦🔗: https://nitter.eu/EUCouncilPress/status/1537829075087151105
Capital Markets Union: Council agrees its position on updated rules for hedge funds, private debt funds, and other alternative investment funds
Today, the Council reached agreement on its negotiating mandate (general approach) on a review of the legislative framework which governs managers of hedge funds, private equity funds and real estate funds.
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EU Council Press