Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p>Korea may have returned to growth in the third quarter but the economy is not out of the woods. Job losses are mounting, real interest rates are rising while companies remain cautious about capex and the outlook for corporate profits. The upshot is that domestic demand is weakening. We do not rule out a further expansion in fiscal spending to support the economy.</p>

Korea may have returned to growth in the third quarter but the economy is not out of the woods. Job losses are mounting, real interest rates are rising while companies remain cautious about capex and the outlook for corporate profits. The upshot is that domestic demand is weakening. We do not rule out a further expansion in fiscal spending to support the economy.

Ishares Currency Hedged Msci South Korea ETF (HEWY US)

Ishares Currency Hedged Msci South Korea ETF

Samsung KODEX Leverage ETF Equ (122630 KS)

Mirae Asset TIGER KOSDAQ150 Biotech ETF (261070 KS)

Korea - Not Out Of The Woods