Korea Exchange Selects NH and Mirae Asset Securities as Preferred OCIO Negotiation Partners

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The Korea Exchange has selected NH Investment & Securities and Mirae Asset Securities as the preferred negotiation candidates for external delegated investment management (OCIO).

According to the financial investment industry on the 5th, Mirae Asset Securities and NH Investment & Securities were chosen as the preferred negotiation candidates for the Korea Exchange's fund delegated management. The OCIO funds of the Exchange amount to 150 billion KRW. NH Investment & Securities will manage 100 billion KRW, and Mirae Asset Securities will manage 50 billion KRW. The delegation period is one year.

The Korea Exchange announced the selection of delegated management companies in mid-May. The selection was made by combining quantitative and qualitative evaluations to choose the highest scoring candidates.

Unlike other institutions, the Korea Exchange's delegated management can operate not only bonds but also listed stocks. Up to 30% of the total assets can be invested in stocks, allowing for diverse investment strategies.

In 2021, the Korea Exchange selected Mirae Asset Securities and KB Securities to manage funds. Last year, it selected Mirae Asset Securities and Korea Investment & Securities to delegate 90 billion KRW.