Hwang Seong-yeop, front row center, poses for a photo with a delegation comprising the heads of local asset management firms, in this photo provided by the Korea Financial Association, Monday. Yonhap
A delegation of 17 South Korean asset management chiefs, lead by the Korea Financial Investment Association (KOFIA), is set to visit Singapore and China this week, the association said Monday.
The five-day trip, starting Monday, was organized in a bid to expand the base for international cooperation for the local asset management industry, the association said.
On the Singapore leg of the trip, the delegation is scheduled to visit major financial entities and companies in the island city, including the Singapore Exchange, venture capital firm East Ventures and Grab, a super app that offers services spanning from delivery to finance.
The delegation will also meet with Bloomberg, a New York-based financial news outlet, there and discuss how the war between the United States and Iran is affecting the macro economy, as well as potential risks stemming from the conflict, KOFIA said.
For the second leg of the trip, the delegation will travel to Shenzhen, China, and examine how cutting-edge technologies are being deployed on a commercial scale there. They are set to visit major tech companies, including Huawei Technologies Co., and Chinese firms in the artificial intelligence and robotics sector, according to the association.
Source: Korea Times News
