Tag: cosmetics are the new smart investment

  • In South Korea, cosmetics are the new smart investment as heavy industry lags

    It’s not about looking younger, the 49-year-old head of Daishin Asset Management Co. says. Seo is trying to get first-hand insight into one of South Korea’s hottest stock-market bets: the cosmetics industry. Earnings growth is fueling the rally. Amorepacific, the nation’s largest cosmetics company, reported a 42 percent jump in 2014 net income. The producer […]