Tag Archives: smart-move
South Korea to introduce new fund sales rules
SEOUL (Reuters) – South Korea will allow mutual savings firms and online-based companies to sell investment funds from next February, and draw up measures to cut sales fees for long-term investors, a regulator said on Sunday. The Financial Services Commission […]
Lehman in talks with KDB to raise 3.3 billion pounds
Reuters UK – Lehman Brothers has intensified talks with Korea Development Bank to raise as much as $6 billion (3.3 billion pounds) in a share sale that could be concluded this week, the Sunday Telegraph reported. South Korea’s KDB KDB.L […]
Taiwan: Hedge funds are welcome
BusinessWeek- Lee Shyan-Yuan, one of several commissioners at Taiwan’s Financial Supervisory Commission (FSC), believes attracting hedge funds to the market would be a smart move. He is courting hedge funds to invest in Taiwan and raise money from investors in […]