Woori Asset Management announced on the 29th that it has completed the merger process with Woori Global Asset Management and launched the integrated corporation. With this, Woori Asset Management has transformed into an asset management company with net assets totaling 43 trillion won.


Nam Gi-cheon, CEO of Woori Asset Management, held a launch ceremony with executives and employees to announce the new beginning of the integrated corporation, Woori Asset Management. Through this integration, Woori Asset Management plans to provide customers with a diverse range of products and value by securing a product lineup covering all asset classes from traditional assets to alternative investments and expanding its overseas network.


They plan to develop synergy products through collaboration between the traditional asset division and the alternative asset division, and to launch products related to alternative investments. Additionally, the Global Multi-Asset Headquarters will be upgraded to the Pension Solution/Global Management Division to actively target the pension market. To this end, they will expand the pension product lineup to strengthen competitiveness and also enhance the management system.



CEO Nam said, “We will strive to become a leading asset management company in the industry through the harmony of all executives and employees and proactive synergy at the group level,” adding, “We will overcome limitations to achieve our goals and do our best to provide the best investment solutions.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing