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NongHyup Financial Group sets up asset management unit

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NongHyup Financial Group sets up asset management unit

South Korea-based NongHyup Financial Group Inc. launched an asset management unit specializing in real estate investment trusts, The Chosun Ilbo reported July 5.

NongHyup REITs Management, which is 100% owned by NongHyup Financial, received a license from the Ministry of Land, Infrastructure and Transport on June 27.