Industry firms stump up nearly $20 million in seed capital in order to finance a state-backed online venture meant to reduce traditional distributors’ stranglehold.
Tag : shinhan bnp
The savings bureau at Korea Post says reports of a fixed-income mandate decision having already been made are wrong.
Shinhan BNP Paribas Asset Management readies a series of newly approved ‘condensed’ funds in expectation that 2011 will see local investors return to equities.
The asset-management joint venture between Shinhan Bank and BNP Paribas Investment Partners joins a trend of Korean fund houses expanding abroad.