[2020 Asia Fund Awards] Demonstrating Solid Performance Amid Internal and External Challenges

Professor Jeong Sunseop, Seoul National University School of Law (Photo by Asia Economy DB)

[Asia Economy Reporter Kum Boryeong] Despite last year being marked by instability due to various domestic and international environmental changes, asset management companies showed strong performance in areas such as management and product development.

The award was given to Korea Investment Trust Management, which demonstrated outstanding results. The total assets under management by Korea Investment Trust Management increased by approximately 6 trillion KRW over the past year, reaching 51.4 trillion KRW.

KTB Asset Management, which won the Best Asset Manager award in the domestic equity active category, recorded the highest return in the general equity category. Shinhan BNP Paribas Asset Management, awarded in the overseas equity category, was recognized for its leading role in Chinese equity investments last year. Kyobo AXA Asset Management, which won in the domestic bond fund category, was acknowledged for managing bond funds with stable and consistent performance. Meritz Asset Management received the Best Asset Manager award in the domestic active retirement pension category, as its long-term investment approach was deemed suitable for retirement pension management.

KB Asset Management, selected in the domestic mixed retirement pension category, showed a 10-year return of 80.36% with its 'KB Retirement Pension Dividend 40' fund in the retirement pension bond mixed category. Mirae Asset Management, awarded in the overseas bond retirement pension category, led the overseas bond fund market by directly managing overseas bond funds. Kiwoom Asset Management, which won in the Exchange-Traded Fund (ETF) category, provided an easy means to invest in the US dollar.

For the Best Fund awards, Mirae Asset Management's 'Mirae Asset High Dividend Focus Fund' won in the domestic active category, and Samsung Asset Management's 'Samsung Nuver German Emerging Government Bond Plus Fund' won in the overseas bond category. Meritz Securities, which made efforts to improve the quality of consultations, received the Best Sales Company award.

This content was produced with the assistance of AI translation services.