Korea's LS AM keen to partner foreign managers
Under its new chief executive, LS Asset Management wants to open a dialogue with overseas asset managers as it strives to build out its retail offering with global product.
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The new head of LS Asset Management in Korea is eager to open a dialogue with foreign fund houses about launching co-branded fund solutions as it looks to branch out into the retail market.
Lee Yun Kyu, former CIO of the $11 billion Korea Teachers Pension Fund (KTPF) who became LSAM chief executive on June 12, notes the firm has a heavy institutional client base and has hitherto focused strongly on index-related equity products.
But he says he is looking to change this, providin…
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