Heungkuk Asset Management Surpasses 50 Trillion Won in AUM, Ranks in Top 10 of Industry

Heungkuk Asset Management announced on January 15 that its total assets under management (AUM) surpassed 50 trillion won as of the end of December last year.

According to the Korea Financial Investment Association, Heungkuk Asset Management's current fund size stands at 52.4541 trillion won, ranking 10th in the industry.

The key drivers behind this achievement were the stable growth of AUM in the domestic bond sector, which is Heungkuk Asset Management's strength, the active launch of new products in the retail sector, and the expansion of new inflows into overseas equity, overseas bond, and alternative asset funds.

In the retail sector, the company strengthened its competitiveness by proactively launching new products tailored to individual investors' needs in response to market changes, such as the Mid-Term Government Bond Fund, the High Dividend TOP10 Fund, and three types of Target Achievement Funds. By reorganizing the Product Strategy Division into the Pension WM Marketing Division and establishing a dedicated retirement pension team, Heungkuk Asset Management focused on enhancing its retail capabilities. As a result, the retail fund AUM recorded a double-digit growth rate compared to the previous year.

The company also strengthened its investment team and enhanced market research to secure competitiveness in non-bond asset management, while establishing a consistent risk management system. Based on stable returns, Heungkuk Asset Management expanded new institutional funds in overseas equities, overseas bonds, and alternative assets, thereby securing both stability and growth potential.

Kim Taeyoung, Chief Marketing Officer (CMO and Executive Director) of Heungkuk Asset Management, stated, "We achieved the milestone of surpassing 50 trillion won in AUM based on the trust of our clients and the market," and added, "We will continue to become an asset management company trusted by both retail and institutional clients through differentiated products and outstanding investment performance."