KB Asset Management to Surpass 1 Trillion KRW in AI-Related Assets Under Management Within the Year

KB Asset Management's assets under management related to artificial intelligence (AI) are on the verge of surpassing 1 trillion KRW.

After developing the industry's first deep learning AI solution, 'Anderson,' KB Asset Management has continuously invested in AI business, including the commercialization of direct indexing developed this year.

'Anderson' analyzes vast data from the global financial market to provide optimal investment portfolios. Since January 2018, it has been offering an AI asset management service called 'K-Bot Saem' through KB Kookmin Bank.

According to KB Asset Management on the 14th, the assets managed using Anderson currently amount to nearly 900 billion KRW, including 250 billion KRW from K-Bot Saem provided through KB Kookmin Bank, 134 billion KRW from public funds, and 500 billion KRW from private funds such as variable insurance and discretionary accounts.

Since the direct indexing service officially launched in April, it is expected that the total assets will soon exceed 1 trillion KRW when including customer funds subscribed to the direct indexing service through securities firms.

In particular, the industry's first 'MYPORT' engine informs users weekly of trending themes by utilizing AI to analyze big data from global markets and provides domestic investment portfolios related to those themes.

Currently, 150 themes have been cumulatively provided, and a second-phase solution expanded to include overseas indices will be offered soon.

The representative public fund using AI, the 'KB All Asset AI Solution EMP Fund,' utilizes Anderson's signals to diversify investments across various ETFs including global stocks, bonds, credit, REITs, and commodities.

The fund's returns over the past two years are 47.16%, and over three years are 21.52%, outperforming the average of similar types by more than 10%.

The 'KB Global Equity Solution EMP Fund,' with assets under management of approximately 95 billion KRW, also recorded a 31.29% return over the past three years, tripling the average return of similar themes during the same period. Since its launch in 2016, its cumulative return has been 68.14%, demonstrating steady performance.

Meanwhile, KB Asset Management has provided investors with the 'AI Insight' menu equipped with the AI investment analysis platform 'KB-DAM (Digital Asset Management)' through the revamped KBSTARETF website last year.

'KB-DAM' is a system that enhances KB Financial Group's investment analysis AI platform based on KB Asset Management's proprietary AI solution, Anderson. KB Asset Management managers actively utilize 'KB-DAM' in fund management.

Lee Hyun-seung, CEO of KB Asset Management, emphasized, "To improve profitability in the asset management industry, investment in AI and big data-related technologies must be expanded," adding, "Automation of management through AI can reduce portfolio management personnel and secure profitability with fees higher than ETFs."

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