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Dec 07, 2005, 05.26 PM IST
After Japan, its neighbour Korea is aggressively looking at investing in Indian markets. One of the largest asset management companies of Korea, Mirae Asset Management has already started investing in India equities. It has assets over 1 trillion won. After Japan, its neighbour Korea is aggressively looking at investing in Indian markets. One of the largest asset management companies of Korea, Mirae Asset Management, which has assets over 1 trillion won, has already started investing in Indian equities.
It has recently added ABG Heavy Industries to its portfolio. In this company, it has picked up around 1.25 lakh shares. Further, it has also made investments in Eicher , of which it has bought around 82000 shares. Besides, it has also Rei Agro in its portfolio.
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This Korean asset management company, which had made its entry into India through a 3% stake in Can Fin Homes , is looking at value picks, which can give it reasonable returns over a period of time.
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