ETF Assets Shrink as Korean Stocks Tumble… Samsung Loses KRW 26 Trillion, Mirae Asset KRW 19 Trillion

South Korea’s exchange-traded fund (ETF) market took a sharp hit from last month’s stock market downturn, with total ETF net assets falling by KRW 66 trillion in just over a month. Samsung Asset Management and Mirae Asset Global Investments, the country’s two largest ETF managers, saw their ETF asse