Korea Capital Market Institute

An Analysis of Competitive Fee Reductions in Korea’s ETF Market [Research Fellow] Kwon, Min Kyeong Korean asset management companies have recently engaged in aggressive fee-cutting competition, particularly in ETFs tracking major US indices. This development reflects a strategic response to multiple factors, such as strong first-mover advantages in the ETF market, surging investor demand, and intensifying competition from US-listed ETFs. While this competition benefits inves... Reassessing the Safe Asset Status of US Treasuries [Research Fellow] Jang, Bosung The recent episode of market volatility in April this year has reignited questions about the status of US Treasuries as the world’s principal safe asset. These concerns stem from growing structural vulnerabilities in the US Treasury market, including worsening fiscal conditions driven by the Trump administration’s renewed push to extend tax cuts, the risk of radical exchange ra...