'Uprise-Korea Bond' Two Advisory Firms Launch Bond Investment Discretionary Service

Diversifying Investment Products Using Robo-Advisor 'Dundun'
Plan to Develop New Products Combining Both Companies' Strengths

Uprise Investment Advisory announced on the 17th that it plans to launch a domestic bond investment discretionary service in collaboration with Korea Bond Investment Management, a bond investment specialist firm.

The service utilizes Uprise Investment Advisory's robo-advisor "Dundun" and has surpassed 330 billion KRW in assets under management. Based on an automatic asset allocation investment service for global exchange-traded funds (ETFs) including stocks, bonds, dollars, and commodities, it also launched a pension savings discretionary product in June last year.

Korea Bond Investment Management is the first domestic bond investment specialist company, established 13 years ago. It is recognized for its expertise in corporate bond investments such as high-yield and mezzanine bonds. Currently, the total assets under custody, including advisory and discretionary accounts, reach 600 billion KRW.

According to the Korea Financial Investment Association, despite economic downturn and stock market slumps, net bond purchases reached 20 trillion KRW last year. Individual investors are flocking to bond investments, which offer stable interest income and the potential for capital gains by buying low in line with the interest rate hike trend.

A Uprise representative explained, "Through this business agreement, we plan to launch a bond investment discretionary service on 'Dundun' by leveraging our respective non-face-to-face automatic investment technologies and long-standing expertise in the bond investment field, and to strengthen related cooperation."

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