LATEST NEWS > Luxembourg Strengthens Ti

HOME > PR CENTER > LATEST NEWS > Luxembourg Strengthens Ti

Luxembourg Strengthens Ties With Seoul's Financial Hub


페이지 정보

Writer Invest Seoul Day17-11-07 17:41 View1,227


Luxembourg Strengthens Ties With Seoul's Financial Hub


Luxembourg is further developing exchanges in the area of financial services with South Korea.

Luxembourg for Finance (LFF) -- the agency for the development of Luxembourg's financial centre -- has entered a partnership agreement with Seoul's metropolitan government and Financial Hub Korea, it was announced on Tuesday.

LFF CEO Nicholas Mackel said in a statement that the deal was designed to promote Seoul's role as a leading Asian financial centre, as well as Luxembourg's role as a platform for Korean fund managers in Europe. 

The Grand-Duchy has built strong business relations with South Korea. Luxembourg domiciled funds represent 92% of foreign funds admitted for distribution in the country. 

Also, major South Korean fund managers such as Mirae, Korea Investment Management and KN Asset Management have chosen Luxembourg to set up funds.

The agreement is part of a network of partnerships that LFF has signed with other major global financial hubs, such as Toronto, Shanghai, Dubai and Moscow among others.  


read in the original  <>

  • 페이스북으로 보내기
  • 트위터로 보내기
  • 구글플러스로 보내기


등록된 댓글이 없습니다.