South Korean retail investors return to Wall Street as KOSPI rout dents homecoming drive

South Korea’s equity rout is reversing a government-backed push to bring retail “ant” investors back, triggering the biggest rush into U.S. markets in six months. The outflow is reviving a long-standing risk to the won, implying renewed FX pressure alongside equity weakness.

Analysis

South Korea’s equity rout is reversing a government-backed push to bring retail “ant” investors back, triggering the biggest rush into U.S. markets in six months. The outflow is reviving a long-standing risk to the won, implying renewed FX pressure alongside equity weakness.