Hantoo Asset Management to Hold Second Half Retirement Pension Seminar... "Presenting Retirement Pension Investment Solutions"

Korea Investment Trust Management held the '2024 Second Half Retirement Pension Seminar' for retirement pension operators at the Westin Chosun Hotel in Seoul, the company announced on the 6th.

Bae Jae-gyu, CEO of Korea Investment Trust Management, delivering the opening remarks at the '2024 Second Half Retirement Pension Seminar' held at the Westin Chosun Hotel in Seoul. Photo by Korea Investment Trust Management

This seminar was organized to introduce Korea Investment Trust Management's fund products specialized in managing retirement pension reserves and to share plans for the retirement pension robo-advisor (RA) management, which is expected to be fully introduced from next year.

In the first session, Beomjun Lee, Head of the Pension Marketing Department at Korea Investment Trust Management, explained the company's retirement pension funds. He introduced major pension fund series including Korea Investment TDF·TIF Self-Directed Funds, TDF·TIF Self-Directed ETF Focus Funds, OCIO Self-Directed Funds, and MySuper Self-Directed Funds, and presented pension investment solutions. The total pension fund size of Korea Investment Trust Management grew from 1.2 trillion KRW in 2017 to 5.3 trillion KRW as of the end of October 2024. In particular, the size of major pension funds increased by 311.1 billion KRW compared to the end of December 2022, reaching 1.454 trillion KRW as of the end of September this year.

Next, he mentioned the Long-Term Capital Market Assumptions (LTCMA), which Korea Investment Trust Management uses as a core strategy in pension fund management. In 2023, Korea Investment Trust Management became the first domestic asset management company to announce LTCMA. LTCMA is a process that derives parameters necessary for portfolio optimization by analyzing expected returns, volatility, and correlations of asset classes based on economic indicators spanning over 40 years. Starting this year, the portfolio includes 'gold' and utilizes the 'Golden Growth' universe in its asset allocation strategy.

The next session presenter, Seongsu Kang, Executive Director in charge of Solutions at Korea Investment Trust Management, introduced the retirement pension robo-advisor 'KimRobo.' This service is currently in preparation for launch and is an asset management solution that automatically adjusts portfolios by applying algorithms according to investment preferences and objectives. Based on LTCMA, it aims to generate superior long-term returns relative to risk. Executive Director Kang emphasized the service's orientation, stating, “KimRobo is an optimized solution for pension investment, advocating a 'pension-appropriate robo-advisor.'”

Since July last year, with the Ministry of Economy and Finance leading the regulatory sandbox for discretionary robo-advisor services on retirement pension reserves, it has become possible to sell robo-advisor discretionary products targeting Individual Retirement Pensions (IRP). Korea Investment Trust Management plans to provide the 'KimRobo' service through partnerships with retirement pension operators such as Korea Investment & Securities.

Wonseok Oh, Executive Director in charge of Pensions at Korea Investment Trust Management, said, “Korea Investment Trust Management will continue to introduce funds specialized in managing retirement pension assets,” adding, “It is meaningful to share Korea Investment Trust Management’s know-how and introduce various solutions to retirement pension investors through this seminar.”