Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

NPS Plans to Select Three Asset Management Companies For "Corporate Value Up" Program

The Launch of 1st Corporate Value Up ETF on 27 February - Focus on Low PBR and Cash Flow

Constituents of the 1st Corporate Value Up ETF in Korea

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

Korea Stock Exchange Kospi Index / Event-Driven

Korea Stock Exchange Kospi Index (KOSPI INDEX)

<ul>
<li>NPS abruptly joins 'Corporate Value Up Program', plans to select three asset managers. Deadline: this month's 29th; results: March 19th, possibly linked to Korea Premium Index ETF launch in mid-May.</li>
<li>The document outlines guidelines, allocating 90-100% to value stocks, with KOSDAQ under 20%. While benchmarked to the internally-built index, it will likely focus on Korea Premium Index and KOSDAQ Global.</li>
<li>The fund size is crucial. NPS will disclose details later. But still, there is considerable room to this year's ceiling for local equity; a significant amount could flow into this.</li>
</ul>


NPS abruptly joins 'Corporate Value Up Program', plans to select three asset managers. Deadline: this month's 29th; results: March 19th, possibly linked to Korea Premium Index ETF launch in mid-May.
The document outlines guidelines, allocating 90-100% to value stocks, with KOSDAQ under 20%. While benchmarked to the internally-built index, it will likely focus on Korea Premium Index and KOSDAQ Global.
The fund size is crucial. NPS will disclose details later. But still, there is considerable room to this year's ceiling for local equity; a significant amount could flow into this.


Korea NPS Abruptly Joins Corporate Value Up Program: According to Document Obtained from NPS