이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
- Collected
- 2019.07.26
- Distributed
- 2019.07.27
- Source
- Go Direct
Fund offerings grew sharply in Korea during the first half, with over 60 trillion won ($50.7 billion) newly created mostly to serve sizzling debt and alternative investment demand.
According to Korea Securities Depository on Friday, total 60.4 trillion won worth of funds were newly introduced from January to June this year, up 24.8 percent from the same period last year. The number of funds launched over the cited period totaled 6,437, down 0.3 percent from a year earlier.
Total 26.9 trillion won were paid out upon maturity in the first half, down 0.4 percent from the same period last year, with 4,004 funds expiring versus 6,437 additions during the period.
Public offering type reached 4.8 trillion won worth in the January-June period, down 13.8 percent from a year ago, of which 2.4 trillion were paid out, up 18.1 percent on year.
Private placements totaled 55.6 trillion won, up 29.8 percent on year. Payouts totaled 24.5 trillion won, down 1.9 percent on year.
The appetite for money market, bond-type, and alternative funds grew in the first half while equity market lost appeal. Accordingly, total 1.7 trillion won worth of MMFs were newly created, sharply up from 420 billion won a year earlier. New offerings of bond-type funds also grew, reaching 18.5 trillion won in the first half, up 7.6 percent on year. Alternative funds, which invest in real estates and other special assets, had 18.3 trillion worth newly created, up 50.7 percent on year.
Meanwhile, new offerings of equity funds plunged 72.9 percent on year to 899.5 billion won. The number of fund accounts also nosedived 73.4 percent to 284.
By Hong Hae-jin and Cho Jeehyun
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]