Shinhan Financial Investment Launches Eastspring US Advisory Wrap Service

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 29th that it has launched the ‘Eastspring US Advisory Wrap’ service, which focuses on investing in continuously growing US companies.

The ‘Eastspring US Advisory Wrap’ is a wrap service that primarily invests in US companies with low earnings volatility, operated by Shinhan Financial Investment under the advisory of Eastspring Asset Management.

This wrap service adopts an investment approach that emphasizes stock selection. It invests in stocks selected from themes with sustainable growth potential, such as packaged consumer goods with high inventory turnover and customer trust, medical devices, franchises with global brands, network businesses including financial payment systems and e-commerce companies, and software-as-a-service like video conferencing and cloud services.

The service features investment focused on ‘long-term sustainable growth companies’ by utilizing the stock selection capabilities of SGA (Sustainable Growth Advisers), a US-based advisory firm contracted separately with Eastspring Asset Management, and Eastspring Asset Management’s asset allocation strategy.

Park Imjun, head of the wrap management department at Shinhan Financial Investment, stated, “Based on the competitiveness of Eastspring Asset Management, which has extensive experience in global markets, and Shinhan Financial Investment’s overseas stock management capabilities, we expect to achieve good long-term performance.”

The minimum subscription amount is 50 million KRW, and a 2.5% annual performance fee is charged in arrears. Principal loss may occur due to price fluctuations of the investment assets, and exposure to KRW-USD exchange rate fluctuations is possible.

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