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SOUTH KOREAN EQUITY FUND INVESTMENTS UP IN NOV.

AsiaPulse News

| January 01, 2009 | COPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Jan 1 Asia Pulse - South Korea's outstanding equity fund investments grew at a faster pace in November than a month earlier as stock markets seemed to be gaining some stability, data showed Thursday.

According to the data provided by the Assent Management Association of Korea, outstanding investments in equity-fund products through which investors put in a fixed amount of money every month stood at 75.99 trillion won (US$60.35 billion) as of the end of November.

The amount is up 432 billion won from a month earlier, with the monthly increase sharper than a 40.5 billion won rise in the previous month.

Major banks, brokerages and insurers ...

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