Baek Jae-kyu, President of KTB Asset Management, Receives Korea Exchange ETF Individual Contribution Award

On the 10th, Bae Jae-kyu, CEO of Korea Investment Trust Management, received a personal merit award at the '2023 Global ETP Conference Seoul' hosted by the Korea Exchange.

At the Korea Exchange's '2023 Global ETP Conference Seoul' held on the 10th, Bae Jae-gyu, President of Korea Investment Trust Management (right), is taking a commemorative photo with Sohn Byung-doo, Chairman of the Korea Exchange (left).
[Photo by Korea Investment Trust Management]

According to Korea Investment Trust Management on the day, CEO Bae was selected as the recipient of the ETF Personal Merit Award in recognition of his contribution to expanding the exchange-traded fund (ETF) market to a scale of 100 trillion won. CEO Bae first introduced ETFs to the domestic stock market in 2002 and supplied Asia's first leveraged ETF and inverse ETF, as well as various ETF products including stocks and bonds.

In addition, he has consistently launched products that meet investor demand, such as the ACE Global Semiconductor TOP4 Plus SOLACTIVE ETF and the ACE U.S. 30-Year Treasury Active (H) ETF. As a result, Korea Investment Trust Management's ETF net assets reached 5.2607 trillion won as of the previous day, an increase of more than 50% compared to before CEO Bae's appointment. The supply of diverse products has also led to the overall activation of the market, with the domestic ETF market surpassing 100 trillion won in net assets for the first time in history last July.

CEO Bae said, "My goal over 20 years ago was to enable investment in all assets through ETFs alone, and it has become a reality," adding, "I will continue to supply various products to the market so that ETFs can establish themselves as tools for investors' asset allocation and means of making money."

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