The Korea Fund, Inc. (NYSE: KF) (the "Fund") announced today that its Discount Management Program ("DMP") has been temporarily halted as from Monday, March 16th, 2020.
Allianz Global Investors U.S. LLC, the investment manager of The Korea Fund, Inc. (the "Fund") (NYSE:KF), announced today that Chung Jun (CJ) Yun has been named as a portfolio manager of the Fund, effective March 1, 2020. Chris Leung, CFA, will remain the lead portfolio manager of the Fund. Raymond Chan will no longer be a listed portfolio manager of the Fund but will remain as CIO, Equity Asia Pacific with Allianz Global Investors.
The Korea Fund, Inc. (the "Fund") (NYSE: KF), a non-diversified, closed-end investment company, which seeks long-term capital appreciation through investment in securities, primarily equity securities of Korean companies, today announced its results for the fiscal quarter and six months ended December 31, 2019.
Just what options are open to American investors who want to invest in South Korean electronics giant Samsung?