[Asia Economy Reporter Eunmo Koo] Hanwha Asset Management announced on the 1st that it has launched the ‘Hanwha Global Untact Fund,’ which invests in global stocks related to ‘untact (non-face-to-face)’.
This fund was prepared based on the expectation that the untact lifestyle has settled as the spread of the novel coronavirus infection (COVID-19) continues, and demand for related industries will expand.
The investment targets are high-quality domestic and international companies expected to benefit long-term from the untact lifestyle. It focuses on ▲online consumption ▲data infrastructure ▲healthcare, and selects and manages eight sub-themes including ▲cloud computing ▲e-commerce ▲5G to actively respond to market changes.
In fact, with the recent normalization of remote work at global companies, demand for cloud offices, video conferences, and games has increased, causing a surge in data consumption. Online consumption is also growing explosively. Additionally, due to the impact of COVID-19, investment and demand for medical welfare have increased. Market participants expect that investing in companies leading these changes will be promising in the long term.
Seonggeol Park, manager at Hanwha Asset Management, said, “The stock prices of untact-related companies are proving their performance as we pass through the COVID phase,” and added, “Since this untact lifestyle will become more deeply rooted in our lives, investment in related companies is essential from a mid- to long-term perspective.”
This fund is directly managed by Hanwha Asset Management, pooling Hanwha Asset Management’s research capabilities to discover global untact beneficiaries. At the Seoul headquarters, the Quant Research Team’s global stock factor library is reflected in the investment pool composition. Investment opinions by asset and country are shared through monthly asset allocation meetings with major management headquarters. Investment ideas are also shared weekly through the Global IC with China, the United States, and Singapore and reflected in the investment pool. Based on this, the portfolio composition is discussed and decided by the investment council formed within the Global Equity Business Division.
Hyungwoo Kim, head of the Channel CS Team, said, “We will maximize marketing by utilizing the ‘Untact Platform (YouTube LIVE seminars, SNS card news, online leaflets)’ that customers can easily access anytime and anywhere.”
Hanwha Asset Management plans to hold a YouTube live seminar on the 18th through the Korea POS Securities YouTube channel ‘POS TV’ under the theme of global untact trend changes and the Hanwha Global Untact Fund.
The ‘Hanwha Global Untact Fund’ is available for subscription at nationwide branches and online websites of Kiwoom Securities, Hana Financial Investment, Korea Investment & Securities, Korea POS Securities, Hanwha Life, and Hanwha Investment & Securities.
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