KCGI Asset Management Marks 2nd Anniversary of Name Change... Public Equity and Hybrid Fund Net Assets Up 111%

KCGI Asset Management announced on August 18 that, two years after changing its company name, the net assets of its public equity and hybrid funds have increased by 111%.

The combined amount of KCGI Asset Management's public equity and hybrid funds grew from 920.6 billion won two years ago to 1.9468 trillion won. During the same period, the net assets of funds of the same type in the industry increased by 67%.

The KCGI Korea Fund led the growth in equity fund net assets, increasing by 420 billion won over two years to reach 702.2 billion won. The KCGI Korea Target Maturity Bond Hybrid Fund (272 billion won) and KCGI Ultra Short-Term High-Quality Bond Fund (202.4 billion won) also saw net assets increase by more than 200 billion won each. Excluding private equity funds, the net assets of public funds increased by 71% from 1.7255 trillion won two years ago to 2.9548 trillion won this year.

Marking the second anniversary of its name change, KCGI Asset Management has launched a long-term growth roadmap. Building on its management expertise focused on equity funds, the company plans to further strengthen its capabilities in bond, global, and alternative asset management. It also intends to actively expand into the private equity fund market.

Earlier this year, KCGI Asset Management expanded and reorganized its Alternative Investment Division, and in July, it upgraded its Bond Management Team to a full Bond Management Division and increased its staff. The lineup of private equity fund products will also be expanded and strengthened.

A KCGI Asset Management representative stated, "We are enhancing our professional asset allocation capabilities across domestic and international equities, bonds, and alternative investments to enter the expanding private equity and pension fund markets." The representative added, "We will continue to provide products tailored to customer needs by building a balanced portfolio that strengthens both stability and profitability, and we aim to become a comprehensive asset management company loved by our clients."

To celebrate its second anniversary, KCGI Asset Management is holding an 'Investment MBTI Test' event until the 31st of next month. Participants who complete the test and share it with acquaintances will be eligible for a 1+1 prize giveaway through a drawing. The Investment MBTI is a program that reveals your investment MBTI and suggests appropriate fund strategies after answering four simple questions.

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