Korea Exchange Hosts '2023 KRX Index Conference'

The Korea Exchange announced on the 17th that it held the "2023 KRX Index Conference" under the theme of "40th Anniversary of the KOSPI Index Announcement and Global Index Industry Trends."

Ahead of the '2023 KRX Index Conference,' key attendees including Kim Ki-kyung, Head of Management Support Division at Korea Exchange (sixth from the left), and Craig Lazzara, Executive Director of S&P Dow Jones, are posing for a commemorative photo.
[Photo by Korea Exchange]

The KRX Index Conference, held since 2013 as a platform for information exchange and communication among participants in the index industry, was attended by over 200 people including asset management companies, securities firms, pension funds, and global institutions such as S&P Dow Jones Indices (S&P DJI) and Nomura Asset Management of Japan on the day marking the 40th anniversary of KOSPI.

In his opening remarks, Kim Ki-kyung, Vice President of the Exchange, stated, "To supply innovative products, we will establish a continuous channel to discover market demand, improve the index development system, strengthen research capabilities and development expertise, reorganize the index management system including pursuing international certification, and enhance the convenience of index usage through the supply of various information products. We will also actively promote overseas marketing and establish infrastructure for developing overseas indices to advance our indices globally."

The event was divided into two sessions, where domestic and international experts from S&P DJI, Nomura Asset Management, and the National Pension Service presented five topics and held one panel discussion.

In the first session, under the theme "Latest Global Index Trends and Outlook for the Korean Passive Market," Craig Lajara, Managing Director of S&P DJI, presented on the effectiveness of passive investment based on indices. Masafumi Watanabe, Head of the ETF Business Division at Nomura Asset Management Japan, and Jeon Gyun, Senior Researcher at Samsung Securities, introduced ETF investment trends and outlooks in Japan and Korea.

In the second session, under the theme "40th Anniversary of the KOSPI Index: Opportunities and Challenges for a New Leap," Park Myung-woo, Deputy General Manager of the Korea Exchange, presented the achievements and implications of the KOSPI index over the past 40 years. Following this, Yang Sung-young, Head of the Index Development Team, introduced newly developed KRX indices and shared the 2024 index development plans.

An official from the Exchange said, "Through this event, as a leading index operator in the domestic index industry, we will actively communicate with domestic and international market participants and continue to strive for the establishment of an advanced domestic investment culture."

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