Korean investors shift funds to Middle East
South Korea’s yield-hungry investors, who were spooked by a Chinese default, are shifting their sights to the other end of the continent — to the Middle East. One hot product is short-term securities backed by deposits at Middle East banks. South Korean money managers increased such purchases 23 percent in…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Taipei Times