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Korea Investment Management seeks China JV partner

The Korean funds company opens in Shanghai and outlines its aspirations to grow outside of its domestic market.
Korea Investment Management is ramping up efforts to internationalise its business. It has just opened a research office in Shanghai and is now searching for a local partner to establish a China joint-venture. Kang Shinwoo, KIM’s chief investment officer in Seoul, says the firm wants to build investment expertise across the Asia region to sell to institutional investors in both Korea and internationally. Last year it hired Park Myungjoo as general manager of its business strateg…
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