Perspectives on South Korean Overseas Investments slide image

Perspectives on South Korean Overseas Investments

Economy & Capital Market Summary • • • Korea's total financial assets have steadily increased alongside the country's economic development. Among Korea's financial sectors, the banking industry has the largest amount of total assets and equity capital. Asset management companies are increasing in number as 27 new firms were established in 2018, driven by the increase in number of hedge funds. Non-financial assets, including real estate, accounted for 62.4% of household assets in 2018. This is shrinking as financial assets are on the rise. Foreign ownership of the Korean stock market comprised of 32.1% of total market capitalization, where foreign ownership of bonds only made up 6.6%. Size of the Capital Market in Korea Annual Financial Asset Volume Market cap (KRW tn) | Outstanding balance of bond issues (KRW tn) 2,200 20,000 Cash/Deposits Investment funds Loans Equities Bonds Insurance/Pensions Others 2,000 1,751 1,8891,830 1,906 18,000 1,800 1,702 1,590 16,000 1,600 1,444 1,510 1,572 14,000 1,400 1,335 12,000 1,200 1,000 10,000 800 8,000 600 6,000 400 4,000 200 2,000 0 0 2014 2015 2016 2017 2018 2010 2011 2012 2013 2014 2015 2016 2017 2018 Size of Financial Sectors Category Banking Life Insurance Non-life Insurance Credit Card Securities Units: KRW tn, % Asset Management 19 24 32 8 57 242 # of Companies Total Assets 2,921.5 847.6 277 113.9 439.2 7.7 Equity Capital 197.8 71.4 35.2 26.5 56.6 6.1 Net Profit 11.9 4.1 3.9 2.2 4.1 0.6 ROE 6 5.7 11.4 5 7.2 9.8 ☑ DARC MATTER Sources: KOFIA 2019 Annual Review Exchange Rate: 1 USD = 1,180 South Korean Won 5
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