The Korean Large & Mid Cap Stocks segment has suffered from heavy outflows on Monday, (€-140.99M), the fifth consecutive days with outflows. On a year-to-date basis, net flows are now standing at (€+109M) after hitting more than half a billion last month. Investors are pouring out their money of the segment with cumulative net flows over the last month standing at €-339M. The Korean won (KRW) is suffering from a rough month with investors repatriating dividends and therefore boosting demand for the US Dollar. KRW fell to an 18-month low. Is there a market sentiment twist over South Korea’s economy ? Concerns about the economic outlook are intensifying as the Norwegian sovereign wealth fund will cut bonds from ten emerging markets from its index, including South Korea. So as to get exposure to the Korean Large & Mid Cap Stocks segment, there are 36 funds tracking 23 indices for a total of €6.4Bn of assets under management.