Shinhan Financial Investment Partners with DS Asset Management to Launch Advisory Wrap

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 25th that it has partnered with DS Asset Management to launch the industry's first DS Advisory Wrap.

The 'DS Advisory Wrap' is a wrap service that invests in domestic stocks based on advice from DS Asset Management, investing in large-cap stocks and high-quality small and medium-sized enterprises through strategic asset allocation.

This product mainly invests in core new growth industries such as secondary batteries, 5G communications, aerospace, and content, as well as big data-related industries including platforms, distribution, fintech, and semiconductor industries. It is a wrap service that conducts concentrated trading through a compressed portfolio of 15-20 stocks.

Park Imjun, Head of Wrap Management at Shinhan Financial Investment, stated, "Not only can we expect good performance through DS Asset Management's proven stock research capabilities and management know-how, but we can also anticipate a new heyday for active advisory wraps in the recent volatile market."

The minimum subscription amount for the 'DS Advisory Wrap' is 50 million KRW or more. The wrap fee is 1.6% post-payment, and a performance fee proportional to the realized returns is charged.

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