Korea Fund Industry Denies Single-Stock Leveraged ETFs Are Sole Market Volatility Driver

According to Herald Economy, South Korea's fund industry recently disputed the notion that single-stock leveraged exchange-traded funds (ETFs) are the primary cause of recent market volatility. The remarks come as Samsung Electronics and SK Hynix shares experienced sharp price swings, prompting market observers to attribute increased volatility to single-stock leveraged ETFs. However, fund managers argue that these products are not the sole factor driving market fluctuations.
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