Shinhan Asset Management Expands Distributors for 'Nuveen Berman US Value Equity Fund'

Top 2% and 1% Performance in the US Over 3 and 5 Years Respectively
33.8% Inflow from Pension Accounts Since February, Increasing Pension Investor Interest
Continuous Expansion of Distributors Driven by Excellent Performance

[Asia Economy Reporter Kwangho Lee] Shinhan Asset Management is increasing investor accessibility by adding three more distributors within a month of launching the ‘Shinhan Neuberger Berman US Value Equity Fund,’ thanks to its excellent performance.

On the 17th, Shinhan Asset Management announced that it has added KB Kookmin Bank, Mirae Asset Securities, and Eugene Investment & Securities as distributors of the ‘Shinhan Neuberger Berman US Value Equity Fund,’ in addition to the existing Samsung Securities. Investors can subscribe to the fund both offline and online at all four distributors.

The outstanding mid- to long-term performance of the Neuberger Berman US Value Equity Fund makes it an attractive investment option for pension investors preparing for retirement. The ‘Neuberger Berman US Large Cap Value’ fund, which the fund invests in, has achieved an average annual return of 8.65% since its inception in 2006. Notably, it recorded an average annual return of 15.92% over the past three years. In the five-year performance ranking, it ranked first among 1,102 large-cap value category funds established in the US. The excellent long-term performance has attracted the attention of investors seeking long-term investments such as pension investments. In fact, since sales began in the retirement pension class in February, about 33.8% of the fund’s assets under management have flowed in from pension accounts, reflecting pension investors’ expectations for long-term performance.

The Neuberger Berman US Value Equity Fund is regarded as a consolidation of the capabilities of Neuberger Berman’s research organization, which manages value equity assets totaling 10 trillion KRW. In addition to two veteran portfolio managers with a combined experience of 62 years, 44 dedicated analysts with an average of 15 years of experience conduct financial analysis and industry research to build a portfolio of US large-cap stocks based on expected returns. A seven-member data science team supports fundamental analysis, and 20 ESG investment experts have incorporated ESG factors into the investment process. The fund invests in 50 to 65 value stocks selected across various sectors such as financials, industrials, and healthcare.

Jung-ho Park, head of the Fund Solutions Team at Shinhan Asset Management, said, “In 2023, when various macro variables will complexly affect the market, a value equity strategy that selects investment targets based on earnings-driven company analysis will be useful,” adding, “The Neuberger Berman US Value Equity Fund has consistently outperformed the US large-cap value category and has maintained outstanding performance within the top 2% over periods longer than three years.”

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