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The funds in the KDIC are divided into the Deposit Insurance Fund Bond Redemption Fund and the (New) Deposit Insurance Fund (DIF). The Redemption Fund was established to complete the financial restructuring and recover public funds injected during the first and second rounds of financial assistance following the 1997 East Asian financial crisis ...
Mirae Asset Financial Group (Korean: 미래에셋금융그룹) is a South Korean multinational financial services company headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance.
Share of the Allianz Versicherungs-AG, issued 5 February 1890 An early Allianz agent's plaque. Allianz AG was founded in Munich in 1889, but started its activities in Berlin on 5 February 1890, by the then-director of the Munich Reinsurance Company Carl von Thieme (a native of Erfurt, whose father was the director of the Thuringia insurance company) and Wilhelm von Finck (co-owner of the Merck ...
The Korea Fund, Inc. Announces Investment Manager Merger NEW YORK--(BUSINESS WIRE)-- The Korea Fund, Inc. (the "Fund") (NYS: KF) announced that, effective today, RCM Capital Management LLC ("RCM ...
Mirae Asset Securities was founded in 1999, a year after Mirae Asset Global Investments, Korea's first retail mutual funds offering asset management company, was founded. [citation needed] In the meantime, Daewoo Securities was founded in 1970 as a part of the conglomerate Daewoo Corporation. Daewoo Securities was spun off from the Daewoo ...
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The rapid growth of the Korean securities market in the 1970s called for an efficient facility for the custody and settlement of securities. The 5th amendment the Securities and Exchange Act (SEA) on February 6, 1973 provided the legal grounds to implement a CSD system, and on December 6, 1974, the Korea Securities Settlement Corporation (KSSC) was established.
The Korea Investment Corporation (KIC; Korean: 한국투자공사; Hanja: 韓國投資公社; RR: Hanguktujagongsa) is a sovereign wealth fund established by the government of South Korea in 2005. Its mission is to preserve and enhance the long-term purchasing power of South Korea 's sovereign wealth (foreign reserves) through efficient ...