[2021 Asia Fund Awards] Leading the ESG Market with Diverse Responsible Investment Funds

Best Asset Management Company - Shinhan Asset Management

Changgu Lee, CEO of Shinhan Asset Management

Shinhan Asset Management was selected as the Best Manager in the ESG category at the 2021 Asia Economy Fund Awards.

Shinhan Asset Management has been conducting ESG (Environmental, Social, and Governance) related investments through various responsible investment funds, focusing on cleantech, green buildings, renewable energy, railroads, and more. It manages approximately KRW 2.3 trillion across about 40 funds.

The "Shinhan Beautiful SRI Green New Deal Fund," launched in September last year as a private New Deal fund, invests in companies that can benefit from the government's Green New Deal policy based on ESG evaluation criteria. This fund has been managed for over 15 years with an ESG investment concept and is recognized as the longest-running ESG fund in the industry. The fund's one-year return is 56.36%, and its cumulative return since inception reaches 180.76%. Additionally, Shinhan Asset Management launched the "Shinhan Global Sustainable Management ESG Fund," which appropriately diversifies investments between ESG equity funds and global short-term bond funds.

To ensure effective ESG investment, Shinhan Asset Management established an ESG Committee last year. It was the first comprehensive asset management company in Korea to announce a Climate Action Principles declaration, and in October last year, it was selected as a domestic equity responsible investment asset manager, recognizing its excellent capabilities in social responsibility investment.

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