Arjun Jayaraman, portfolio manager at Causeway Capital Management, said risks around the South Korean stock market were now priced in.
The portfolio manager at U.S.-based investment firm Causeway Capital Management added that risks around the South Korean stock market were now priced in, following a failed attempt by President Yoon Suk Yeol to impose martial law in early December and his The reforms were also introduced to combat the so-called "Korea discount," a reference to South Korean securities trading at lower valuations relative to regional peers, due to investor concerns over issues such as corporate governance at large family-owned conglomerates.But Jayaraman said that any new South Korean government would likely continue to push these reforms, bolstering returns.