For Kofia, pensions hold the key to growing funds
Korea’s self-regulatory organisation believes mutual funds need to be put on a long-term footing, which means more access to tuition savings and pension money, says MD Kim Cheol-bae.
The Korea Financial Investment Association (Kofia), a self-regulatory organisation representing Korean and foreign financial institutions, is lobbying the government to support long-term investments in order to revitalise the mutual-funds industry, says managing director Kim Cheol-Bae.
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