Korea Investment & Securities expands global ties with Fidelity, PIMCO, Carlyle
Korea Investment & Securities (KIS) has entered into a series of strategic partnerships earlier this week with global asset managers Fidelity, PIMCO and Carlyle, expanding cooperation across research, equities, fixed income and alternative investments, the company said Thursday. On Monday in London, KIS signed a strategic partnership agreement with Fidelity, a global asset manager overseeing…
Korea Investment & Securities (KIS) has recently forged several strategic partnerships with major global asset management firms, broadening its cooperation in various investment areas. On a Monday in London, KIS signed a deal with Fidelity, a global asset manager managing around $7.8 trillion in assets. This collaboration will grant Korean investors exclusive access to Fidelity's research capabilities, while also exploring joint product development and co-investment opportunities.
The partnership's inaugural joint product, a Korea-China-U.S. technology fund, is currently in development.
Later that week, on Wednesday in New York, KIS signed separate agreements with PIMCO and Carlyle. PIMCO, a global fixed income specialist overseeing approximately $2.33 trillion in assets, plans to expand its cooperation with KIS in discretionary asset management. Under the agreement, KIS will provide PIMCO's research and fund products to its Korean customers.
Additionally, both firms will collaborate on customized products utilizing PIMCO's asset management expertise. Carlyle, a global investment firm, also joined the partnership, further strengthening KIS's global network of strategic partners.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
