Reported about 7 hours ago
Pictet Asset Management is poised to increase its investments in South Korean stocks once the country's short-selling ban ends on March 31. The firm plans to target defense shares and corporations benefiting from initiatives to enhance corporate valuations. This strategic shift reflects the increased interest of global funds in the Korean market, allowing them to utilize long-short strategies for risk management as the ban on short-selling imposed in late 2023 is lifted.
Source: YAHOO