BNY Mellon gets go-ahead for Korean discretionary management business

clock

South Korea - BNY Mellon Asset Management is to offer discretionary management services in Korea after receiving approval from the country's Financial Services Commission.

BNY Mellon established an asset management representative office in Seoul in 2006 in response to growing demand from institutional investors within South Korea. The discretionary investment managem...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on South Korea

Mercer launches IM service in Korea

KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.

clock 27 September 2011 •

NPS injects $234m into Titleist consortium - reports

SOUTH KOREA - The National Pension Service is understood to be investing 250bn won ($234.3m) into a Korean-led consortium for its project to buy golfing equipment brand Titleist, according to reports.

clock 04 July 2011 •

Korean sovereign wealth fund adopts non cap-weighted indices

KOREA - The $37bn Korea Investment Corporation has chosen three FTSE non-capitalisation weighted indexing strategies making it the first Korean institutional investor to take this route, according to the FTSE Group.

clock 14 June 2011 •
Trustpilot