The election of Moon Jae-in as Korea’s new president is, we think, good news for shareholders in Korean companies, as we expect President Moon to drive further improvements in corporate governance standards leading to better returns for shareholders and ultimately higher share prices.
For… Read the article
The Korean equity market is cheap. It’s always been cheap. Many things are cheap for a reason though and a key feature of the Korean market is the lack of shareholder focus and precious little alignment of interests between company management teams and minority shareholders. But to quote Robert Zimmerman… Read the article