Hanwha Asset Management Exports Investment Strategies to Hong Kong...Pursues US Listing of Core Manufacturing ETF
PLUS K-Defense Delivers 177.74% Return
K-Defense ETF on US Market Surpasses 100 Million Dollars in Net Assets
Hanwha Asset Management is exporting its proprietary investment strategies and indices overseas, presenting a new growth model for the domestic asset management industry. Its flagship product, the "PLUS K-Defense" exchange-traded fund (ETF), posted a return of 177.74% last year and surpassed 1 trillion won in net assets. Building on this, the company plans to list a core manufacturing ETF in New York in the first half of this year.
Hanwha Asset Management announced on the 6th that it held a seminar titled "Four Investment Strategies under the US-China Power Struggle" on the 5th at its headquarters in the 63 Building in Yeouido, Seoul, for high-net-worth individuals from Hong Kong.
On the 5th, Hanwha Asset Management held a seminar for high-net-worth individuals from Hong Kong at its headquarters in the 63 Building, Yeouido, Seoul, titled "Four Investment Strategies amid the U.S.-China Power Struggle." Provided by Hanwha Asset Management.
View original imageCo-hosted with CSOP Asset Management in Hong Kong, the event was attended by more than 40 high-net-worth individuals, including heads of family offices managing over 1 billion dollars in assets. It is regarded as an unusual case for investors to travel from Hong Kong, Asia's financial hub, to Korea specifically to study investment strategies.
Choi Youngjin, Chief Marketing Officer (CMO) and Executive Vice President of Hanwha Asset Management, said at the seminar, "The bloc-based confrontation centered on the United States and China is a new normal that will continue for decades to come," adding, "Investors should focus on the four key investment pillars of defense, AI, resources and power, and digital assets."
A Hong Kong investor who attended the seminar said, "I have been closely watching the Korean market over the past two years," and added, "It is impressive that you have been able to capture opportunities amid this wave of change." The investor continued, "Last year, I also invested in a leveraged ETF related to Korea that was listed on the Hong Kong Stock Exchange," adding, "I am looking forward to more investment opportunities."
Hanwha Asset Management's financial export strategy is delivering visible results in the US market. A Korea defense-related ETF, in which Hanwha Asset Management participates as the index provider, recently surpassed 100 million dollars in net assets on the New York stock market. The ETF was listed on the New York Stock Exchange (NYSE) in February last year and uses Hanwha Asset Management's "PLUS K-Defense" ETF as its benchmark. Exchange Traded Concepts (ETC) in the United States is responsible for managing the fund.
Within just four months of listing, this ETF ranked first in first-half returns among US ETFs (excluding leveraged and inverse products), drawing strong market attention. Investor interest is seen as stemming from the fact that it is the only product in the United States that allows focused investment in Korea's defense industry, a next-generation growth engine. Eric Balchunas, Senior ETF Analyst at Bloomberg, commented, "A 100% gain within just over four months of launch is an extraordinary achievement."
Hanwha Asset Management is also preparing follow-up strategies to further expand its financial exports. It has completed the development of a new index that invests in Korea's core manufacturing companies and plans to list an ETF that tracks this index on the New York stock market in the first half of this year.
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Executive Vice President Choi said, "The global performance of the 'PLUS K-Defense' ETF demonstrates that the investment capabilities of Korean asset managers can compete in the global market," adding, "As a leading player in exporting K-finance, we will continue to introduce a wide range of strategic products to the global market."
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