Korea Investment & Securities expanded global ties with Fidelity, PIMCO and Carlyle earlier this week through strategic partnerships. The deals cover research, equities, fixed income and alternative investments. KIS said the agreements are aimed at turning global relationships into business partnerships and broader client-facing products in Korea.
Korea Investment & Securities CEO Kim Sung-hwan, right, poses with Fidelity International President Keith Metters after signing a strategic partnership agreement at Fidelity's office in London, Monday. Courtesy of Korea Investment & Securities
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 roughly $7.8 trillion in assets.
Under the agreement, KIS will provide Korean investors with exclusive access to Fidelity's research capabilities while exploring joint product development and co-investment opportunities. The partnership's first joint product, a Korea-China-U.S. technology fund, is under development.
