Asset Plus Establishes AI Asset Management Team... Enters AI Investment Market

Artificial intelligence (AI) is rapidly spreading across almost all industrial sectors, including generative AI, autonomous driving, robotics, and biotechnology. In the domestic investment market, investment management utilizing AI is actively being attempted without exception.

Asset Plus Asset Management, which has built a reputation as a leader in active asset management, announced on the 13th that it will expand and newly establish an AI Asset Management Team dedicated to AI operations.

A company official explained, "Asset Plus is expressing an aggressive intention to enter the AI management market," adding, "The newly established team plans to accelerate not only the management of the existing Alpha Robo Fund but also the launch of new AI management products."

Kang, a director currently serving as the head of the domestic equity management division, is scheduled to lead the AI Asset Management Team. Director Kang is the eldest son of Chairman Kang Bang-cheon, the founder, and joined the company in 2014, handling stock management for over ten years. In addition to the existing management personnel, PhD-level experts recruited through an open call for AI specialists in the second half of last year, as well as personnel from prestigious overseas universities, will join the team.

Director Kang stated, "It is no exaggeration to say that Asset Plus’s AI management is industry-leading," explaining, "In July 2017, we launched Alpha Robo Fund, the first AI equity public fund in Korea." He added, "We have built reliable performance over seven years," and "At Asset Plus, AI management has become a useful tool beyond the verification stage."

Technical support for Asset Plus’s AI management is provided by its subsidiary, Alpha Bridge Co., Ltd. It started as an in-house venture in 2016 and was officially established as a fintech venture company in 2022. After successfully launching the Alpha Robo Fund in 2017, it has been providing technical support ever since. It also offers AI investment services to four securities firms, including NH Investment & Securities. Alpha Bridge is a 100% subsidiary of Asset Plus.

Director Kang said, "We will do our best to manage the Alpha Robo Fund, which has been operated for seven years," and added, "We will also focus on launching competitive AI products to become a leading company in the future AI management market."

Asset Plus Asset Management is preparing to launch an AI public equity fund in the first half of this year. The fund primarily invests in about 30 companies selected through AI that meet the value criteria Asset Plus focuses on among S&P 500 companies. Director Kang introduced the management plan, stating that the company will strongly maintain its active management style even in AI management.

Director Kang said, "The public fund will be the culmination of Asset Plus’s AI management know-how accumulated over the past seven years," adding, "The investment effectiveness has been sufficiently verified through the operation experience of the Alpha Robo Fund." He continued, "In the long term, AI management and retirement pension funds are a good match," emphasizing, "They offer consistent management that investors can trust for a long time, as well as low fees."

He expressed his ambition, saying, "Demand for AI funds in the retirement pension market will continue to grow," and "We will do our best to become a leading AI management company targeting the 400 trillion won retirement pension market in the future."