Fint Surpasses 100 Billion KRW in AI-Driven Individual Blue-Chip Stock Strategy Assets Under Management
December & Company, which operates the artificial intelligence (AI)-based easy investment service 'Fint', announced on the 15th that the total assets under management for its individual blue-chip stock strategy have surpassed 100 billion KRW. The company attributes this achievement to the accumulation of stable long-term performance and the resulting high level of trust individual investors have in its AI investment services.
Recently, the domestic stock market has seen a series of government announcements regarding amendments to the Commercial Act, expectations for eradicating stock price manipulation, and policies to stimulate the market such as encouraging treasury stock cancellations. These measures are raising hopes for structural improvements in the market. The KOSPI index has surpassed the 3,200 mark for the first time in three years and ten months, and the total market capitalization of the domestic stock market has exceeded 3,000 trillion KRW for the first time, reflecting a strong upward trend.
In line with the recovery of both domestic and international stock markets, the cumulative assets under management for Fint's AI-driven individual blue-chip stock strategy are also growing rapidly. Approximately one year and seven months after launching its 'Korea Stock Strategy' in December 2023, the company has achieved over 100 billion KRW in assets under management, including investments in U.S. stocks.
For Korean stocks, more than 20 billion KRW in new funds have flowed in recently, coinciding with the strong performance of the KOSPI. This achievement includes only the stock assets managed through AI discretionary and advisory services, specifically: Korea stocks, U.S. stocks, U.S. dividend stocks, thematic investments, and general account advisory strategies. The figure does not include global ETF strategies or bond strategies, which account for a significant portion of Fint's overall assets under management, as the company's service has a high emphasis on asset allocation strategies.
Song Inseong, CEO of December & Company, stated, "We aimed to help individual investors, who find it difficult to invest directly due to their busy daily lives, to grow their assets easily and conveniently through AI technology." He added, "Surpassing 100 billion KRW in cumulative assets under management for the individual stock strategy in such a short period since its launch is the clearest evidence that we are providing real value to our clients' investments."
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