Bae Jaekyu, CEO of KTB Asset Management, "AI, a New Opportunity in the Financial Industry"

Korea Investment Trust Management announced on the 13th that the 7th Korea Quant Investment Conference was held at the Conrad Hotel in Yeouido.

The event was organized by the Korea Quant Association and S&P Global Market Intelligence, with sponsors including Korea Investment Trust Management ACE ETF, Samsung Securities, Invesco, and Dumoolmuri.

The conference was the first event hosted by Chun Young-rok, CEO of Dumoolmuri and chairman of the Korea Quant Association, since his inauguration. It was held under the theme of "Artificial Intelligence (AI)-based Finance." Chun succeeded Nam Yong-su, head of the ETF Management Division at Korea Investment Trust Management, who led the association for the past six years. He has been serving as chairman since December last year.

In his welcoming remarks, Bae Jae-gyu, CEO of Korea Investment Trust Management, said, "Ten years ago, only two of the top 10 companies by market capitalization in the global stock market were technology companies, but now nine out of ten are tech companies," adding, "In the digital economy era, tech companies are creating primary value through innovation."

He continued, "The financial industry is also at the center of this change, and Korea Investment Trust Management is making efforts to introduce AI and digital technologies throughout its business," emphasizing, "I want to stress the phrase, 'The world has changed, so we must change.'"

CEO Bae also stated, "The integration of AI and digital technology will provide new opportunities for the asset management industry, which faces many challenges," but stressed, "In this process, each asset management professional must develop expertise to verify the accuracy of AI-generated answers, and AI should be used as an augmentation tool to extend human capabilities."

The main event of the conference began with a keynote speech by Chairman Chun. He spoke about "A New Era of Quantitative Analysis Using GPT," forecasting that "more than 90% of existing analytical tasks could be automated by utilizing GPT technology."

Following the keynote, lectures by experts from various fields were held, including Sung Chang-hwan, portfolio manager at Invesco, and Mohammad Hassan, head of Asia-Pacific dividend forecasting at S&P Global Market Intelligence.

The topics of each lecture included ▲ Tactical asset allocation, risk premium, and business cycles ▲ Future expected dividends as a risk-return optimization tool ▲ Practical considerations when building neural networks for stock selection ▲ Investing in interesting times ▲ Searching for signals for macro investing ▲ CEO voice delivery and real-time market reactions during earnings announcements ▲ How to combine quant and AI models for optimal portfolio construction ▲ Advances in correlation matrix measurement techniques in investment strategies.

Meanwhile, since its founding in 2014, the Korea Quant Association has annually introduced global quant techniques and trends to institutional investors and quant managers. It also continues to provide university lectures and free advisory education related to finance employment.

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