“We will keep on improving the relevant rules and regulations to facilitate reinvestment and indirect investment”
FSC Vice Chairman Jeong Chan-woo participated in the ‘KRX 2013 Global ETF Conference’ on Tuesday and discussed measures to develop Korea’s ETF market.
Korea’s ETF market marked its 11th anniversary since launch. It grew at a pace of 40% annually to reach 10 in the world in terms of net asset volume and 4th in transaction volume this year.
The government pursues to develop the market into a hub for comprehensive asset management as well as increase net asset volume to 120 trillion won by 2020.