IBK Asset Management's Kensho 4.0 Revolution Fund Surpasses 200 Billion KRW in Assets Under Management

[Asia Economy Reporter Minji Lee] IBK Asset Management announced that the assets under management of the ‘IBK Kensho 4.0 Revolution Fund’ have surpassed 200 billion KRW.

The IBK Kensho 4.0 Revolution Fund is the first domestic fund to invest in ‘4th Industrial Revolution innovative companies’ using the artificial intelligence analysis technology of Kensho in the United States. Unlike traditional investment methods, this fund’s biggest differentiation lies in investing through machine learning technology based on big data analysis by artificial intelligence (AI), a core technology of the 4th Industrial Revolution.

Kensho is a finance AI company founded by geniuses including Harvard University graduates and early Apple founders. Kensho provides services that assist investment decision-making by analyzing vast financial big data with Kensho’s proprietary natural language processing platform, which utilizes AI technology that surpasses the limitations of traditional analysts.

The fund’s one-year performance is 78.65%, ranking among the top in its category. It achieved fundraising of over 200 billion KRW in the recent market, which has been in a slump for public offering funds.

Jehyun Park, Director of the Investment Solutions Team at IBK Asset Management, said, “Kensho, composed of natural language processing systems, search systems, and machine learning algorithms, is gradually replacing traditional financial analysis tasks,” and added, “Investing in companies related to the 4th Industrial Revolution is an insightful investment decision from a proactive perspective.”

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