Investors rediscover Korea

Global investors are queueing up to buy South Korean shares - and for good reason.

Global investors are making a beelinefor South Korea.The local currency, the won, has risen to a six-year high of 1,020 to the US dollar, while equity investors snapped up over half a billion dollars of local stocks in the last week of May alone.

You can see why. The global recovery remains historically tepid and uneven, but economies in the West are showing signs of building momentum, as Josh Noble points out in the FT, and so Asia's more export-driven markets are in the spotlight.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.