Korea Capital Market Institute

Key Macroeconomic Issues for 2026 Macro-Financial Analysis Division This article discusses the economic outlook for 2026, focusing on key issues including exchange rate conditions and assessment, as well as interest rate projections and associated risks. The Korean economy is projected to maintain a moderate recovery in 2026, with GDP growth of 2.0%. Consumer prices are expected to rise by 2.0%, remaining broadly stable. Bank of Korea is antici... Key Issues in the Capital Markets for 2026 Capital Markets Division In 2025, the Korean capital market entered a phase of structural re-rating, delivering markedly strong performance relative to major global markets, supported by expectations of institutional reforms and an earnings recovery led by the semiconductor and AI sectors. In 2026, as corporate earnings improvement and valuation re-rating are expected to continue, a key policy challeng... Key Issues in the Securities Industry for 2026 Financial Services Industry Division In 2025, the securities industry showed improved profitability year-on-year, supported by a stock market rally in the second half and a recovery in investor sentiment. Net operating revenue grew broadly across all segments, including brokerage, proprietary trading, investment banking (IB), product sales and wealth management. In 2026, strong investor sentiment, growth in advanc... Key Issues in the Asset Management Industry for 2026 Fund & Pension Division The domestic asset management market in 2025 reached KRW 2,194 trillion, a 22% increase from the previous year, expanding to 84% of GDP. In particular, net assets of public funds(including ETFs) recorded KRW 609 trillion, representing a significant growth rate of 39.7% year-over-year. ETFs, which expanded to KRW 297 trillion, accounted for 72% of the increase in public fund net...