[2022 Capital Investment Awards] Samsung Asset Management, No.1 in ETF Market Share... Beyond Korea to Asia
Best Fund Award Samsung Asset Management
[Asia Economy Reporter Kwon Jae-hee] Samsung Asset Management won the Best Fund Award at the 2022 Asia Capital Investment Awards.
With assets under management totaling 284 trillion KRW, Samsung Asset Management, the largest asset management company in Korea, was recognized for introducing financial assets and services such as ETFs, TDFs, and OCIO (Outsourced Chief Investment Officer) that were previously unavailable in the Korean market, contributing to the asset growth of both individual and institutional investors.
Samsung Asset Management was the first in the domestic asset management industry to reach 100 trillion KRW in assets under management in 2011 and achieved 200 trillion KRW in 2015. This was the result of leading a paradigm shift with innovative products such as ETFs, TDFs, and overseas funds, expanding the horizons of asset management.
KODEX is Samsung Asset Management's ETF brand, which launched the first ETF in Korea in 2002. Among the total domestic ETF market of approximately 80 trillion KRW, KODEX recorded 35.2 trillion KRW, holding an overwhelming market share of about 44%, ranking first (as of November 16, 2022).
Subsequently, in 2007, it listed the first overseas ETF in Korea, in 2009 the first bond ETF, and in 2009 and 2010, it launched Asia's first inverse and leveraged ETFs, establishing itself as a leading ETF manager not only in Korea but also in the Asian region. As a result of these efforts, it has continuously maintained the number one market share since its launch.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Samsung Asset Management continues research and product development to provide new investment opportunities in the domestic ETF market, and in response to increasing demand for overseas investment, it is developing products and strategies related to overseas assets to offer global investment instruments. While enhancing the operational efficiency of currently launched products, it strives to enable investors to access various asset classes. Through this, it plans to meet customer demands and contribute to the development of the domestic ETF market.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
