Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 2

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  3. 3

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
  4. 4

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  5. 5

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  1. 6

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
  2. 7

    K-pop fandoms wield growing influence over industry decisions

    K-pop fandoms wield growing influence over industry decisions
  3. 8

    [Graphic News] International marriages on rise in Korea

    [Graphic News] International marriages on rise in Korea
  4. 9

    Korea's auto industry braces for Trump’s massive tariffs in Mexico

    Korea's auto industry braces for Trump’s massive tariffs in Mexico
  5. 10

    Seoul's first snowfall could hit hard, warns weather agency

    Seoul's first snowfall could hit hard, warns weather agency
소아쌤

Demand growing for safer, short-term investment tools on uncertainties

By Korea Herald

Published : July 8, 2016 - 16:37

    • Link copied

[THE INVESTOR] The lingering uncertainties in the global financial markets including the impact of Britain’s latest decision to quit the European Union are fueling a demand for safer, short-term investment tools.

As of the end of May, funds in fixed deposits of six months or less, money market funds and other short-term financial products reached 876.2 trillion won (US$ 756.9 billion), according to the Bank of Korea and Hana Institute of Finance.


When adding assets which are considered stable, such as bond-type funds and money trusts, the figure rises to just over 1,157 trillion won.

Such safer, short-term assets took up 57.1 percent of the total amount of deposits in local financial products.

They rose 0.9 percentage points from the end of 2015.

By Kim Ji-hyun (jemmie@heraldcorp.com)

More from Headlines