Passive funds reach 78.5% of Korea’s mutual fund market, intensifying concentration concerns
AI Summary- Kwon Minkyung urged a stronger active-investing role as passive funds dominate Korea’s equity market.
- 78.5% of domestic equity mutual funds were passive funds or ETFs by the end of August.
- Samsung Electronics and SK Hynix comprised 50.5% of KOSPI market capitalization by the end of August.