Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p>We bearish about Korea’s economic growth prospects this year and are underweight Korean equities in our relative regional portfolio. Add to this that fact the won is Asia’s worst performing currency so far this year, and there is absolutely no upside in holding Korean assets.</p>

We bearish about Korea’s economic growth prospects this year and are underweight Korean equities in our relative regional portfolio. Add to this that fact the won is Asia’s worst performing currency so far this year, and there is absolutely no upside in holding Korean assets.

Samsung KODEX Leverage ETF Equ (122630 KS)

Mirae Asset TIGER KOSDAQ150 Biotech ETF (261070 KS)

Korean Won - Asia's Worst Performer In 2019