NH Investment & Securities Sells Out 120B Won IMA Product in 3 Hours on July 7

According to News1, NH Investment & Securities on July 7 sold out its second Investment Management Account (IMA) product within 3 hours of launch, attracting 120 billion won in subscriptions. This marks the fastest sales pace among IMA operators, despite NH being the third entrant into the market. The product follows NH's first IMA offering, which raised 400 billion won. Industry competitors include Korean Investment & Securities, which has accumulated 2.8 trillion won in IMA sales, and Mirae Asset Securities, holding 300 billion won in outstanding balances. KB Securities is preparing to enter the IMA market after securing regulatory capital requirements through recent capital increases.
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