Korean asset management companies' operating assets have surpassed 1-hundred-1 trillion won,.... or 9-hundred-5 billion U.S. dollars for the first time.<br /> The Financial Supervisory Service says,.... their operating assets increased three percent on-quarter as of the end of June... on growing investment in public offering funds and mutual funds.<br />Asset management companies' second quarter net profits also increased by more than 26 percent on-quarter,... reaching 1-hundred-93 million dollars.... thanks to increased revenue from commission charges and reduced maintenance costs. <br />
