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Two new corporate governance funds launched in Korea Following the launch of the Nonghyup CA New Honours SRI fund (see http://www.asria.org/news/press/1156385480) two new corporate governance funds have been launched in Korea. In August 18th, Allianz Global Investors initiated a fund that will help improve the value of target companies by exercising the voting rights attached to shares. Another new fund, the Korea Corporate Governance Fund (or Jang Ha-Sung Fund named after the initiator) was also launched on the latter half of this month to help improve corporate governance and raise corporate value of target companies. |
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