This step has finally prompted most Korean retail investors to give up on leveraged ETFs
According to Bloomberg, the single-stock ETFs tied to these stocks have already seen outflows of over $1 billion in August combined. The combined Assets Under Management (AUM) of these products has shrunk to $5 billion as of August 27, down from their late-June peak of $11.4 billion.
According to Bloomberg, the single-stock ETFs tied to these stocks have already seen outflows of over $1 billion in August combined. The combined Assets Under Management (AUM) of these products has shrunk to $5 billion as of August 27, down from their late-June peak of $11.4 billion.
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