South Korean mutual funds' sizes smaller than overseas peers
Seoul - Yonhap
South Korea manages the largest number of mutual funds, but their sizes are smaller compared to those under management in overseas countries, data showed Wednesday. The number of investment funds under operation came to 9,857 at the end of September, topping the list of 44 countries worldwide surveyed by the U.S.-based Investment Company Institute (ICI), according to the data compiled by the Korea Capital Market Institute.
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