Don't expect the 'Korea discount' to disappear
South Korea has recently been in the news for all the wrong reasons, with a brief spell of martial law, continuing political uncertainty and market ructions. But the sharp underperformance of the country's equity market long predates the turmoil involving recently impeached President Yoon Suk-yeol. The deep-rooted problems suggest the so-called "Korea discount" is unlikely to budge even after...