South Korea turmoil presents investment opportunities, says investor

The recent political turmoil in South Korea, including President Yoon Suk Yeol’s failed attempt to impose martial law and subsequent impeachment, is expected to have minimal long-term impact on the country’s stock market, according to fund manager Arjun Jayaraman. Despite the uncertainty, Jayaraman believes that South Korea presents investment opportunities due to undervaluation and potential for reform, particularly in corporate governance. The South Korean won’s depreciation against the U.S. dollar following the political events may benefit exporters like Kia, which is one of Causeway Capital Management’s significant holdings.

Full Article