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KB Asset Management benefits from Kospi declines

Jame DiBiasio
For Korean asset managers, good times depend on poor stock market performance, reflects KB Asset Management's chief executive Cho Jaemin.
KB Asset Management benefits from Kospi declines

"We had a good 2011, especially in the second half, thanks to the market downturn," says Cho Jaemin, CEO at the W26 trillion ($23 billion) KB Asset Management, one of the leading managers of Korean equity funds in AUM terms.

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