NH Amundi Asset Management, 20th Anniversary... Strengthening Global Capabilities

NH-Amundi Asset Management celebrated its 20th anniversary on the 23rd by holding a commemorative ceremony and announcing a vision to prepare for the next 20 years.

At the event, the two major shareholders, NH Nonghyup Financial Group and Amundi, signed a shareholder cooperation agreement to strengthen support and collaboration for the company.

Representing the shareholders of NH-Amundi Asset Management, Lee Seok-jun, Chairman of NH Nonghyup Financial Group, Philippe Brassac, Chairman of CA, and Nicolas Calcoen, Vice CEO of Amundi, attended the ceremony. The event was also graced by Philippe Lefort, French Ambassador to Korea, Seo Yoo-seok, Chairman of the Korea Financial Investment Association, and other prominent guests representing Korea and France.

Im Dong-soon, CEO of NH-Amundi Asset Management, announced the new vision, "A Global Investment Partner Together with Trust." This vision embodies the company's core value and the cooperative spirit of trust, its identity as a leading global joint venture in Korea, a commitment to becoming the best in global investment, and the meaning of being an investment partner growing together with clients as well as a partner to the two major shareholders.

Following this, to mark NH-Amundi Asset Management’s 20th anniversary and to create a new turning point for the company’s development, Gil Jeong-seop, Vice President of NH Nonghyup Financial Group, and Nicolas Calcoen, Vice CEO of Amundi, signed a cooperation agreement focusing on strengthening global investment capabilities. In particular, Amundi will establish a "Korea Training Academy" at its headquarters to enhance key investment capabilities and will strengthen human and cultural exchanges between Amundi and NH.

NH-Amundi Asset Management was launched in 2003 as a joint venture between Nonghyup Central Association and CA Asset Management (now Amundi). It attracted attention as a meeting of Korean and French agricultural cooperatives and has grown through repeated cooperation over 20 years, reaching KRW 50 trillion in assets under management (AUM) by the end of 2022, ranking 6th in the industry.

The company is recognized for early adoption of Environmental, Social, and Governance (ESG) investment processes aligned with Nonghyup’s identity, advancing domestic ESG management for institutional clients. It was the first in Korea to launch a global-standard ESG public fund.

Additionally, since its founding, the company has strategically fostered public interest funds that collect fund management fees to contribute to society, currently managing seven such funds. Since launching the HANARO Exchange-Traded Fund (ETF) in 2018, it has listed 36 ETFs, and in 2023, it upgraded its ETF Investment Division to further strengthen its ETF business.