The Depository Union Urges Suspension of Witch-Hunt Style Reporting Related to the 'Optimus Scandal'

[Asia Economy Reporter Park Jihwan] The Korea Securities Depository (KSD) Labor Union on the 6th urged to "stop the witch-hunt style public opinion" regarding the recent critical reports about KSD amid the suspension of redemptions of the Optimus Asset Management fund.

The union stated, "KSD's role in the Optimus fund is limited to the net asset value calculation task," and added, "Some media outlets describe the processing of tasks by the calculation agent following instructions from the asset management company as 'brainless task handling,' but this is a statement made without understanding the asset management industry."

The union claimed, "No calculation agent, including KSD, prepares the fund asset statement in its own name, nor do they have the authority to issue such statements to external parties including distributors, and in fact, they do not issue them." They further stated, "The claim by some distributors that they recommended investments to investors based on the 'fund asset statement prepared by KSD' cannot be established."

The union added, "Instead of grasping the substantive truth of the incident, a witch-hunt style frame is being imposed and public opinion is being driven to find a specific scapegoat," and urged, "We hope that false information will not be reported in the media in the future, which would obscure the essence of the matter."

They continued, "KSD workers no longer want to endure baseless insults and humiliation," and declared, "We will strongly demand the company to cease all calculation agent tasks related to private equity funds at KSD."

This content was produced with the assistance of AI translation services.