Reshoring accounts jump, but capital stays offshore

South Koreans opened nearly 60,000 Reshoring Investment Accounts in the first week of the government’s push to bring overseas investment back home, but actual inflows have lagged as investors remain cautious amid market volatility. Accounts opened at the country’s 10 biggest securities brokerages by equity capital totaled about 57,000 as of the end of March, local reports showed Thursday. Some of the larger firms had attracted more than 10,000 accounts each in a little over a week after the prog

By The Korea Herald