{"id":41711,"date":"2026-03-19T02:44:15","date_gmt":"2026-03-19T02:44:15","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/bny%ec%9d%98-%ec%a0%9c%ed%94%84-%ec%9c%a0%eb%8a%94-%eb%b3%80%eb%8f%99%ec%84%b1%ec%9d%b4-%ed%81%b0-%ec%83%81%ed%99%a9%ec%97%90%ec%84%9c-%ed%97%a4%ec%a7%80%ec%9c%84%ed%97%98-%ed%9a%8c%ed%94%bc\/"},"modified":"2026-03-19T02:44:15","modified_gmt":"2026-03-19T02:44:15","slug":"bny%ec%9d%98-%ec%a0%9c%ed%94%84-%ec%9c%a0%eb%8a%94-%eb%b3%80%eb%8f%99%ec%84%b1%ec%9d%b4-%ed%81%b0-%ec%83%81%ed%99%a9%ec%97%90%ec%84%9c-%ed%97%a4%ec%a7%80%ec%9c%84%ed%97%98-%ed%9a%8c%ed%94%bc","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/bny%ec%9d%98-%ec%a0%9c%ed%94%84-%ec%9c%a0%eb%8a%94-%eb%b3%80%eb%8f%99%ec%84%b1%ec%9d%b4-%ed%81%b0-%ec%83%81%ed%99%a9%ec%97%90%ec%84%9c-%ed%97%a4%ec%a7%80%ec%9c%84%ed%97%98-%ed%9a%8c%ed%94%bc\/","title":{"rendered":"BNY\uc758 \uc81c\ud504 \uc720\ub294 \ubcc0\ub3d9\uc131\uc774 \ud070 \uc0c1\ud669\uc5d0\uc11c \ud5e4\uc9c0(\uc704\ud5d8 \ud68c\ud53c)\ub97c \uac15\ud654\ud558\ub294 \uac00\uc6b4\ub370, \uc2e0\ud765\uad6d \uc544\uc2dc\uc544\u00b7\ud0dc\ud3c9\uc591(EM APAC) \uc8fc\uc2dd\uc740 \uae00\ub85c\ubc8c \ud3ec\ud2b8\ud3f4\ub9ac\uc624\uc5d0\uc11c \uacc4\uc18d \ubcf4\uc720\ud558\ub294 \uac83\uc774 \ucd5c\uc120\uc774\ub77c\uace0 \ubc1d\ud614\ub2e4."},"content":{"rendered":"APAC(\uc544\uc2dc\uc544\u00b7\ud0dc\ud3c9\uc591) \uc8fc\uc2dd\uc2dc\uc7a5\uc740 \uc9c0\ub09c 2\uc8fc \ub3d9\uc548 \uac00\uc7a5 \ud070 \ud3ed\uc758 \ubcc0\ub3d9\uc744 \uc77c\ubd80\uc5d0\uc11c \uacaa\uc5c8\uc73c\uba70, \uc804\uc7c1(\ubd84\uc7c1) \uc774\uc804\uc5d0 \uae30\uc220\uc8fc\uc640 \uae00\ub85c\ubc8c AI(\uc778\uacf5\uc9c0\ub2a5) \uc0b0\uc5c5\uc5d0 \ub300\ud55c \ube44\uc911(\ub178\ucd9c)\uc774 \ub192\uc558\ub358 \uc2dc\uc7a5\uc77c\uc218\ub85d \uc704\ud5d8\uc774 \ub354 \ucee4\uc84c\uc2b5\ub2c8\ub2e4. \ubc18\ub3c4\uccb4\ucc98\ub7fc \uc601\ud5a5\ubc1b\ub294 \uc0b0\uc5c5\uc5d0\uc11c\ub294 \uacf5\uae09 \uc704\ud5d8\uc774 \uacc4\uc18d \ub0a8\uc544 \uc788\ub294\ub370, \ud2b9\ud788 \ud5ec\ub968(\ubc18\ub3c4\uccb4 \uc81c\uc870 \uacf5\uc815 \ub4f1\uc5d0\uc11c \uc4f0\uc774\ub294 \uae30\uccb4)\uc5d0 \uc758\uc874\ud558\ub294 \uacbd\uc6b0\uac00 \uadf8\ub807\uc2b5\ub2c8\ub2e4.\n\n\ud53c\uce58(Fitch, \uc2e0\uc6a9\ud3c9\uac00\uc0ac)\ub294 \ud55c\uad6d\uc774 \uc791\ub144\uc5d0 \ud5ec\ub968 \uc218\uc785\uc758 \uc57d 65%\ub97c \uce74\ud0c0\ub974\uc5d0\uc11c \uc870\ub2ec\ud588\ub2e4\uace0 \ubcf4\uace0\ud588\uc73c\uba70, \uc77c\ubcf8\uc740 \uc6d4\uc694\uc77c\uc5d0 \uc790\uad6d \ube44\ucd95\ub7c9(\ud544\uc694 \uc2dc \uc4f0\uae30 \uc704\ud574 \uc313\uc544\ub454 \uc7ac\uace0) \uc218\uc900\uc744 \uacf5\uac1c\ud588\uc2b5\ub2c8\ub2e4. EM APAC(\uc2e0\ud765\uad6d APAC) \uc8fc\uc2dd\uc740 \uc804 \uc138\uacc4\uc5d0\uc11c \uac00\uc7a5 \uacac\uace0\ud558\uac8c \ubcf4\uc720(\ub9e4\ub3c4\uac00 \uc801\uace0 \ubcf4\uc720\uac00 \uc720\uc9c0\ub418\ub294 \uc0c1\ud0dc)\ub418\ub294 \uc9c0\uc5ed\uc73c\ub85c \ub0a8\uc544 \uc788\uc73c\uba70, \uc774 \uc9c0\uc5ed\uc758 \uc120\uc9c4\uad6d \uc2dc\uc7a5\ub3c4 \uc804 \uc138\uacc4 \ub2e4\ub978 \uc120\uc9c4\uad6d \uc2dc\uc7a5\ubcf4\ub2e4 \ubcf4\uc720\uac00 \ub354 \uc798 \uc720\uc9c0\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4.\n\n<h3>Apac Allocation Outlook<\/h3>\n\ucd5c\uadfc \uc870\uc815 \uc774\uc804\uc5d0\ub3c4 \ubbf8\uad6d \uc790\uc0b0 \ube44\uc911(\ub178\ucd9c)\uc774 \ube44\uad50\uc801 \ub0ae\uc558\ub358 \ub9cc\ud07c, APAC \ube44\uc911\uc744 \ub354 \ub298\ub9b4 \uc5ec\uc9c0\ub294 \uc788\uc2b5\ub2c8\ub2e4. \uc911\uad6d\uc758 \uc218\uc694\ub294 \uae30\uc800\ud6a8\uacfc(\uc791\ub144 \uac19\uc740 \uae30\uac04 \uc218\uce58\uac00 \ub0ae\uc544 \uc62c\ud574 \uc99d\uac00\uc728\uc774 \ub354 \ucee4 \ubcf4\uc774\ub294 \ud604\uc0c1)\uc640 \ucd94\uac00 \uacbd\uae30\ubd80\uc591(\uc815\ubd80\uc758 \uc7ac\uc815\u00b7\uc815\ucc45 \uc9c0\uc6d0)\uc73c\ub85c \uac1c\uc120\ub420 \uc218 \uc788\uc9c0\ub9cc, \uc804\uad6d\uc778\ubbfc\ub300\ud45c\ub300\ud68c(\uc911\uad6d\uc758 \uc5f0\ub840 \uad6d\uac00 \uc815\ucc45 \ud68c\uc758)\uc5d0\uc11c \uc81c\uc2dc\ub41c \uc131\uc7a5 \ubaa9\ud45c\ub294 \uae30\ub300\ub97c \uc6c3\ub3cc\uc9c0\ub294 \uc54a\uc558\uc2b5\ub2c8\ub2e4.\n\n\ub2e8\uae30 \ud5e4\uc9c0 \ube44\uc728(\uc704\ud5d8\uc744 \uc904\uc774\uae30 \uc704\ud574 \ubc18\ub300 \ubc29\ud5a5\uc758 \uac70\ub798\ub85c \ub36e\ub294 \ube44\uc911)\uc740 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud560 \uc804\ub9dd\uc785\ub2c8\ub2e4. \uc5d0\ub108\uc9c0 \ube44\uc6a9 \uc0c1\uc2b9\uc740 \uc544\uc2dc\uc544\uc758 \uad6d\uc81c\uc218\uc9c0(\ub098\ub77c\uc758 \ub300\uc678 \uac70\ub798\ub85c \ub4e4\uc5b4\uc624\uace0 \ub098\uac00\ub294 \ub3c8\uc758 \ud750\ub984)\uc5d0\uc11c \ubd88\ub9ac\ud558\uac8c \uc791\uc6a9\ud560 \uc218 \uc788\uace0, \ub2e8\uae30 \uad6c\uac04\uc758 \uae00\ub85c\ubc8c \uae08\ub9ac(\ub9cc\uae30\uac00 \uc9e7\uc740 \ucc44\uad8c \uae08\ub9ac) \uc0c1\uc2b9\uc740 \uc804\ud1b5\uc801\uc778 \uc790\uae08 \uc870\ub2ec\uc6d0\uc5d0\uc11c\uc758 \uc790\uae08 \ud658\ub958(\ud574\uc678 \uc790\uae08\uc744 \ubcf8\uad6d\uc73c\ub85c \ub418\ub3cc\ub9ac\ub294 \ud750\ub984) \uc218\uc694\ub97c \uc904\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\nEM APAC \uc8fc\uc2dd\uc740 \ucd5c\uadfc \ubcc0\ub3d9\uc131\uc5d0\ub3c4 \uacac\uc870\ud568\uc744 \ubcf4\uc5ec \ud575\uc2ec \ubcf4\uc720 \uc790\uc0b0\uc73c\ub85c \ub0a8\uc544 \uc788\ub2e4\uace0 \ubd05\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4 MSCI \uc2e0\ud765\uc2dc\uc7a5 \uc544\uc2dc\uc544 \uc9c0\uc218(\uc544\uc2dc\uc544 \uc2e0\ud765\uad6d \uc8fc\uc2dd\uc758 \ub300\ud45c \uc9c0\uc218)\ub294 \uc62c\ud574 \ub4e4\uc5b4 \uc5ec\ub7ec \uc120\uc9c4\uad6d \uc2dc\uc7a5\ubcf4\ub2e4 \ub354 \uc798 \ubc84\ud168 \ud22c\uc790\uc790 \uc2e0\ub8b0\uac00 \uc774\uc5b4\uc9c0\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. \uc774\ub7f0 \uac15\uc810\uc740 \uc9c0\uc5ed\uc758 \uc131\uc7a5 \uac00\ub2a5\uc131\uc5d0 \ub300\ud55c \ub178\ucd9c\uc744 \uc720\uc9c0\ud558\ub824\ub294 \uc6b0\ub9ac\uc758 \uc804\ub7b5\uc744 \ub4b7\ubc1b\uce68\ud569\ub2c8\ub2e4.\n\n\ub2e4\ub9cc \uc5c5\uc885\ubcc4 \uc704\ud5d8\uc740 \uc801\uadf9\uc801\uc73c\ub85c \uad00\ub9ac\ud558\uace0 \uc788\uc73c\uba70, \ud2b9\ud788 2025\ub144\uc5d0 \ud5ec\ub968 \uad00\ub828 \uacf5\uae09\ub9dd \uc6b0\ub824\uac00 \uc788\uc5c8\ub358 \ubc18\ub3c4\uccb4\uac00 \ud575\uc2ec\uc785\ub2c8\ub2e4. \ud55c\uad6d\uacfc \ub300\ub9cc\ucc98\ub7fc \uae30\uc220\uc8fc \ube44\uc911\uc774 \ud070 \uc2dc\uc7a5\uc758 \ud3ec\uc9c0\uc158(\ubcf4\uc720 \ud22c\uc790)\uc744 \ubcf4\ud638\ud558\uae30 \uc704\ud574, TSMC(\ub300\ub9cc \ubc18\ub3c4\uccb4 \uc81c\uc870\uc0ac) \uac19\uc740 \ud575\uc2ec \uc885\ubaa9\uc5d0 \ud48b\uc635\uc158(\uac00\uaca9\uc774 \ub5a8\uc5b4\uc9c8 \ub54c \uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud574 \ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uacf5\uae09 \ucc28\uc9c8\uc774 \uc7ac\ubc1c\ud574 \uc0dd\uc0b0\uacfc \uc774\uc775\uc5d0 \ud0c0\uaca9\uc774 \uc0dd\uae38 \uacbd\uc6b0, \ud558\ub77d \uc704\ud5d8\uc744 \ubc29\uc5b4\ud558\ub294 \uc644\ucda9\uc7a5\uce58\uac00 \ub429\ub2c8\ub2e4.\n\n<h3>Portfolio Hedging Approach<\/h3>\n\ud22c\uc790\ub97c \uc720\uc9c0\ud574\uc57c \ud55c\ub2e4\ub294 \uadfc\uac70\ub294 \uc911\uad6d\uc758 \ucd5c\uadfc \uacbd\uc81c \uc870\uce58\uc5d0\uc11c\ub3c4 \ud655\uc778\ub429\ub2c8\ub2e4. \uc774\ub294 \uc218\uc694\ub97c \ub5a0\ubc1b\uce58\ub824\ub294 \ubaa9\uc801\uc5d0 \uac00\uae4c\uc6cc \ubcf4\uc785\ub2c8\ub2e4. 2026\ub144 1\ubd84\uae30 \uc911\uad6d PMI(\uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218, \uc81c\uc870\u00b7\uc11c\ube44\uc2a4 \uc5c5\ud669\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\uac00 50(\uacbd\uae30 \ud655\uc7a5\/\uc704\ucd95\uc744 \uac00\ub974\ub294 \uae30\uc900\uc120) \uc704\uc5d0\uc11c \uc548\uc815\ub410\uace0, \ubca0\uc774\uc9d5\uc740 \ucd94\uac00 \uc7ac\uc815 \uc9c0\uc6d0(\uc815\ubd80 \uc9c0\ucd9c \ud655\ub300 \ub4f1)\uc744 \uc2dc\uc0ac\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \uc694\uc778\uc740 \uae00\ub85c\ubc8c \ud750\ub984\uacfc \ubcc4\uac1c\ub85c APAC \uc804\uccb4\uc5d0 \uae0d\uc815\uc801 \ub3d9\ub825\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\ub3d9\uc2dc\uc5d0, \ud5e4\uc9c0 \ube44\uc728\uc744 \ub192\uac8c \uac00\uc838\uac00\uc57c \ud558\ub294 \uac70\uc2dc\uc801(\ud070 \uacbd\uc81c \ud658\uacbd) \ubd80\ub2f4\ub3c4 \uc778\uc815\ud574\uc57c \ud569\ub2c8\ub2e4. \ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c \uc720\uac00 \uae30\uc900)\ub294 \ubc30\ub7f4\ub2f9 92\ub2ec\ub7ec \ubd80\uadfc\uc5d0\uc11c \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\uace0 \uc788\uc73c\uba70, \uc774\ub294 \uc5d0\ub108\uc9c0 \uc218\uc785 \uc758\uc874\ub3c4\uac00 \ud070 \uc544\uc2dc\uc544 \uc8fc\uc694 \uad6d\uac00\ub4e4\uc758 \ub300\uc678\uc218\uc9c0\uc5d0 \ubd80\ub2f4\uc744 \uc90d\ub2c8\ub2e4. \uc774\ub7f0 \ub192\uc740 \ube44\uc6a9\uc774 \uc774\uc5b4\uc9c0\uba74 \uae30\uc5c5 \uc774\uc775\ub960(\ub9c8\uc9c4)\uc744 \uae4e\uace0 \uc9c0\uc5ed \ud1b5\ud654 \uac00\uce58\uc5d0 \uc555\ub825\uc744 \uc904 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\ub530\ub77c\uc11c \ud575\uc2ec \ubcf4\uc720(\ub871) \ud3ec\uc9c0\uc158\uc744 \uc720\uc9c0\ud558\ub418, \ub354 \ub113\uc740 \uc704\ud5d8\uc5d0 \ub300\ube44\ud574 \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \uc804\uccb4\ub97c \ud5e4\uc9c0\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc5d0\ub108\uc9c0 \ube44\uc6a9 \uc0c1\uc2b9\uacfc \ub192\uc740 \uae00\ub85c\ubc8c \uae08\ub9ac\ub85c \uc2dc\uc7a5\uc774 \ud558\ub77d\ud560 \uacbd\uc6b0\uc5d0 \ub300\ube44\ud574, \uad11\ubc94\uc704\ud55c \uc9c0\uc5ed \uc9c0\uc218\uc5d0 \ud48b \uc2a4\ud504\ub808\ub4dc(\uc11c\ub85c \ub2e4\ub978 \ud589\uc0ac\uac00\uc758 \ud48b\uc635\uc158\uc744 \ud568\uaed8 \uc368\uc11c \ube44\uc6a9\uc744 \uc904\uc774\uba74\uc11c \ud558\ub77d \uc704\ud5d8\uc744 \ubc29\uc5b4\ud558\ub294 \uc804\ub7b5)\ub97c \ub9e4\uc218\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d 2\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac(\ub2e8\uae30 \ub300\ud45c \uae08\ub9ac)\uac00 \uc720\uc9c0\ub418\uba74 \uc544\uc2dc\uc544\ub85c \uc790\uae08\uc774 \ub4e4\uc5b4\uc62c \uc720\uc778\uc774 \uc57d\ud574\uc9c8 \uc218 \uc788\uc5b4, \uc774\ub7f0 \ubc29\uc5b4\ub294 \uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548 \uc911\uc694\ud569\ub2c8\ub2e4.\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\uc9c0\ub09c 2\uc8fc APAC \uc99d\uc2dc\ub294 \ud070 \ubcc0\ub3d9 \uc18d\uc5d0\uc11c\ub3c4 EM APAC\uac00 \uacac\uc870\ud569\ub2c8\ub2e4. \ub2e4\ub9cc AI\u00b7\uae30\uc220 \ub178\ucd9c\uacfc \ud5ec\ub968(\uce74\ud0c0\ub974 \uc758\uc874) \ubc18\ub3c4\uccb4 \uacf5\uae09\ub9ac\uc2a4\ud06c, \uc720\uac00\u00b7\uae08\ub9ac \ubd80\ub2f4\uc5d0 \ud48b\uc635\uc158\u00b7\uc9c0\uc218 \ud48b\uc2a4\ud504\ub808\ub4dc\ub85c \ubc29\uc5b4\ud569\ub2c8\ub2e4. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-41711","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=41711"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41711\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}