[2024 Asia Fund Awards] "Expected to Play a Catalyst Role in Revitalizing Public Funds"

The domestic fund market's net asset size has surpassed 1,000 trillion won. The sluggish public offering fund market recovered its growth trend last year. The total net assets of public offering funds recorded 348.3 trillion won, a 23% increase compared to one year ago. Individual investors' online fund investments have also increased, and funds have flowed into pension funds and target-date funds.

The domestic Exchange-Traded Fund (ETF) market, which exceeded a total net asset size of 130 trillion won, also continued to grow. With the continued rise of the U.S. and Japanese stock markets, overseas ETFs saw a sharp increase in net assets, and bond ETFs, which provide stable returns, also attracted funds. With the full-scale implementation of the pre-designated operation system (default option), target-date funds (TDFs) grew rapidly.

Asia Economy comprehensively reviewed fund products gaining investor interest ahead of the recovery of the public offering fund market. At the 15th Asia Fund Awards, outstanding fund products and asset management companies were selected and awarded in categories such as TDFs, which are representative products for balanced and stable life planning, ETFs, and REITs, which have attracted strong investor interest and shown good performance.

Samsung Asset Management was selected as the grand prize winner of the Asia Fund Awards. Samsung Asset Management's assets under management exceeded 330 trillion won. After first surpassing 100 trillion won in the asset management industry in 2011, it has grown more than threefold in 13 years. Besides ETFs and TDFs, external delegated investment management (OCIO) also grew steadily, leading the development of the domestic asset management industry.

As financial authorities, the Korea Financial Investment Association, and the asset management industry work together to revitalize the public offering fund market, it is expected that the asset management industry, which has achieved excellent results through the Asia Fund Awards, will grow even further.

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