Samsung AM notes ETF cross-listing challenges

The exchange-traded funds market in Korea has made solid progress despite sluggish stock performance. Yet some ETF providers are now looking beyond their national borders with the view to cross-listing funds on overseas exchanges, but the experience isn’t all plain-sailing. “We need to go global to expand the Korean ETF business and will strive to reach that goal,” says Bae Jae-Kyu, head of Samsung Asset Management’s ETF business. “We try to cross-list our products on foreign st…