Investors and equity-derivatives strategists are directing flows into Asian markets, particularly South Korea and Taiwan, for the next leg of the global equity rally, reporting by Bloomberg Law and The Economic Times shows. Bloomberg Law reports the Kospi has risen about 78% year-to-date, and both South Korean and Taiwanese shares have been among the best performers this month. The Economic Times reports that implied volatility for Taiwan and Korea has climbed toward peak levels versus the S&P 500 as option costs rise. The Economic Times quotes Samsung Securities analyst Jun Gyun: “The strength of the move is producing extreme reversals from prior trends,” and notes Interactive Brokers has expanded US retail access to Korean stocks. A JPMorgan report cited by The Economic Times flags leveraged single-stock ETFs and strong AUM as potential flow risks.