Offshore fund registration delays put asset managers in bind

South Korea's top financial regulator has been taking longer than the usual three months to review applications of offshore funds, dealing a heavy b...

NPS begins process to venture into multi-asset investments

South Korea’s National Pension Service (NPS) has begun a process to initiate multi-asset investment as part of an effort to create higher retu...

Korean firms rush to tap bond market ahead of rate hikes

New corporate bond issuance in South Korea is on course to hit 9.2 trillion won ($8.3 billion) in February of this year, the highest amount issued f...

LG Chem to issue over $1 bn in bonds; largest amount ever

South Korea-based LG Chem Ltd. is set to issue 1.2 trillion won ($1.1 billion) worth of bonds this week, making it the largest won-denominated bond ...

LG Chem's bond issue raises over $2 bn in demand

South Korea-based LG Chem Ltd. received around 2.5 trillion won ($2.3 billion) worth of orders in the bookbuilding for its 600 billion won corporate...

Long-term treasury yields surge on talk of new relief fund

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

LG Energy Solution hires Morgan Stanley, KB Securities as lead IPO managers

South Korea-based LG Energy Solution has hired KB Securities and Morgan Stanley as the lead managers for its initial public offering, which is antic...

NPS’ nagging concerns: talent shortage, slow alternative asset growth

With an aim to bolster its alternative portfolio, the National Pension Service has taken bold new steps over the past few years, including launching...

Hana Bank issues $600 mn euro-currency bonds with negative yield

Hana Bank has become South Korea’s first commercial bank to issue foreign currency bonds at a negative yield, raising 500 million euros ($606 ...

Korean LPs pick their 44 favorite alternative managers

Canada-based Brookfield was chosen as the best global asset manager for both real estate and infrastructure investments by South Korea’s pension...

SK's US battery arm sells $1 bn green bonds at lower rates

The $1 billion green bond sale by SK Battery America Inc., a US unit of South Korea’s SK Innovation Co., was nine times oversubscribed at $9 b...

Hyundai Steel receives $1.9 bn in orders for green bonds

South Korea-based Hyundai Steel Co. received around 2 trillion won ($1.9 billion) worth of orders in Monday's bookbuilding for its green bond issue,...

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

SK Hynix to issue $2.5 bn worth of global bonds; largest amount ever

SK Hynix Inc. is planning to issue $2.5 billion worth of global bonds, the largest amount to be raised in a bond issue by a South Korean company, dr...

NPS divides global securities division into equity, fixed income

The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...

Yellow Umbrella Mutual seeks Korea's bond managers for $550 mn mandate

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, is looking to mandate four domestic fi...

SK Innovation to raise $920 mn for US battery plant expansion

South Korea-based SK Innovation Co. is ramping up investment for its US-based electric vehicle battery business, with plans to raise up to 1 tri...

S.Korea's ESG bond issues could top $920 mn in Jan

South Korea's environmental, social and governance (ESG) bond market is seeing strong growth as companies are driven by institutional investors' inc...

IGIS Asset, Hana buy $390 mn US Amazon logistics portfolio

South Korea’s IGIS Asset Management Co. and Hana Financial Investment Co. have jointly acquired three pre-completed logistics centers in the U...

Korea’s treasury yields climb on hopes of vaccines, more bond issues

South Korea’s treasury yields are heading higher as advances in vaccine development and concerns over increased government bond sales prompt f...

KDB seeks up to $1 bn global bond issue in mid-Jan

Korea Development Bank (KDB) is planning to raise between $500 million and $1 billion in a dollar bond sale in mid-January, set to become the first ...

NPS acquires $2 bn US logistics portfolio with Stockbridge

The National Pension Service has teamed up with the US-based Stockbridge Capital Group to acquire a $2 billion portfolio of logistics facilities in ...

SK to create $27 bn in addt'l net asset value via hydrogen business

SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

Celltrion finalizes $278mn acquisition of Takeda's primary care assets

South Korea's biopharmaceutical firm Celltrion Inc. has completed the $278 million acquisition of Takeda Pharmaceutical Company Ltd's primary care a...

KRW bonds favored amid rekindled interest in riskier assets

SINGAPORE -- Global investors are returning to emerging market debt, including Korean won bonds, as they hunt for higher yields amid stronger local ...

Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund

South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...

Kyobo Life looks to invest in ESG bonds; calls for easing rules 

South Korea’s Kyobo Life Insurance Co. is planning to invest several hundreds of millions of dollars in environmental, social and governance (ES...