South Korea’s top-performing mutual fund more than doubled its assets in 2013 by betting on global consumer shares, luring inflows from domestic investors who have sold Kospi index stocks for five straight years.
Brazil’s real gained along with stocks as companies made winning bids worth $9.1 billion to operate two of the nation’s busiest airports, agreeing to pay almost four times the minimum amounts set by the government.
Mirae Asset Global Investments Co., South Korea’s second-largest money manager, is considering an acquisition of an Indonesian asset-management company to tap rising affluence in the Southeast Asian nation.
Gopal Agrawal , the Mumbai-based chief investment officer at the local unit of Mirae Asset Financial Group, comments on the Indian central bank’s monetary policy and the outlook for the nation’s stocks.
Corn and soybeans may extend gains, outperforming other agricultural commodities, as worsening weather in the U.S. hurts crop yields and tightens supplies, according to Mirae Asset MAPS Global Investments.