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Global investment firms seek stronger partnerships with Korea, says Finance Ministry

Published: 15 Apr. 2026, 19:13

Korean Finance Minister Koo Yun-cheol, second from left, talks with BlackRock's Chief Operating Officer Robert Goldstein, far right, during his business trip to the United States on April 14. [MINISTRY OF FINANCE AND ECONOMY]

Senior executives of global investment and asset management firms have expressed hope for stronger partnerships with Korea, Seoul's Ministry of Finance and Economy said Wednesday.

Their comments came during separate bilateral meetings with Finance Minister Koo Yun-cheol, held in New York on Tuesday, according to the Finance Ministry. The executives included those from BlackRock, Apollo Global Management and Pimco.

Marc Rowan, chief executive officer of Apollo, said Korea's capital market is gaining global prominence, and the influence of Korean institutional investors is also expanding, the ministry said.

He added that he looks forward to further strengthening strategic cooperation and long-term partnerships with Korea.

In a separate meeting, Rob Goldstein, chief operating officer of BlackRock, said Korea's foreign exchange and capital market reforms are progressing quickly, adding that the changes could improve global investor access.

He also said BlackRock continues to contribute to the Korean market through ongoing investment in client assets and expanded partnerships with institutional investors.

The meetings were part of Koo's trip to the United States, which will also take him to Washington to attend meetings of Group of 20 finance ministers and the annual gatherings of the International Monetary Fund and the World Bank.

Yonhap