SEOUL: A hunt for yield is prompting South Korean investors to pile tens of billions of dollars into unconventional assets abroad, raising risks of losses on unfamiliar products.
Holdings of overseas alternative assets such as real estate, infrastructure, private equity and debt, and hedge funds by investors in Asia’s fourth largest economy rose to at least about 201 trillion won (US$173bil) this year, a record, according to data compiled by Samsung Securities Co and Korea Investors Service Inc.
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