Music, clothing, food and film – South Korea’s exports are now at the forefront of global pop culture and very much in vogue with international consumers. But are they in vogue with international investors?
In an attempt to capture alpha from the K-wave, a joint venture between French investment giant Amundi and Korean asset manager NH Capital has launched a trio of exchange-traded funds (ETFs) to ride the coat-tails of the country’s booming culture industries.
NH-Amundi subsidiary Hanaro ETF is offering investors the opportunity to tap into K-pop, K-beauty and K-food, the passive strategies dialling into these three pillars of K-culture.