Aegis Asset Management: "National Pension Service Confirms No Plans for Entrusted Asset Recovery"

Aegis Asset Management stated on December 17, "We have received confirmation from the National Pension Service that there are no asset recovery cases under review in relation to the merger and acquisition (M&A) of Aegis Asset Management."

On this day, Aegis Asset Management added, "Rumors circulating about the National Pension Service recovering its funds are not true."

According to Aegis Asset Management, the National Pension Service clarified that, regarding the process of selling the major shareholder's stake in Aegis Asset Management, there are absolutely no newly reviewed or ongoing asset recovery cases after the selection of the preferred negotiating party.

Regarding the recent gathering of blind fund managers, Aegis Asset Management explained, "The National Pension Service stated that this is a routine inspection procedure for entrusted asset managers, and the purpose is to check the status of personnel managing the invested fund assets and to review future management plans."

An Aegis Asset Management representative said, "We are communicating transparently with the National Pension Service as an asset management company and investment institution regarding fund management," and added, "Asset management is proceeding normally in accordance with the previously agreed procedures."