Koo Yoon-chul Meets Major Players in New York... "AI and Capital Market Reforms to Expand Investment Opportunities"

Meetings with Top Executives from Apollo, BlackRock, and PIMCO

Deputy Prime Minister and Minister of Strategy and Finance Koo Yoon-chul met with senior executives from major financial institutions in New York, USA, on April 14, where he emphasized that Korea's foreign exchange and capital market reforms, along with the major transformation driven by artificial intelligence (AI), would expand new investment opportunities in the country.

Deputy Prime Minister and Minister of Finance and Economy Koo Yoon-chul is meeting with Mark Rowan, Chairman of Apollo, after holding a Korean economy investment briefing (IR) in New York, USA on the 14th. Ministry of Finance and Economy

After hosting the Korea Economic Investment Roadshow (IR) that day, Deputy Prime Minister Koo held consecutive meetings with Mark Rowan, Chairman of Apollo; Rob Goldstein, Chief Operating Officer (COO) of BlackRock; and John Studzinski, Vice Chairman of PIMCO.

During the meetings, Deputy Prime Minister Koo discussed the development of Korea's capital market, investment opportunities in advanced industries such as AI, and ways to expand cooperation between the parties. He also requested their continued interest in Korea.

He stated, "While the investment environment of the capital market continues to improve, we are strengthening policy capabilities to lead the era of physical AI transformation based on our world-class manufacturing capabilities." He stressed that collaboration with global investment institutions holding large-scale long-term capital is becoming increasingly important.

Deputy Prime Minister and Minister of Economy and Finance Koo Yoon-chul, currently visiting New York, USA for the Korea Economic Investment Relations (IR) event, is shaking hands and taking a commemorative photo with Rob Goldstein, Chief Operating Officer (COO) of BlackRock, on April 14 (local time) at The Western New York Central Hotel. Ministry of Economy and Finance

In response, Mark Rowan, Chairman of Apollo, remarked, "The global stature of Korea's capital market is continuously rising," and expressed his hope to further strengthen strategic cooperation and long-term partnerships with Korea. Apollo is a leading global alternative asset manager focused on private equity, credit, and real estate and infrastructure. As of the end of last year, its assets under management stood at 940 billion dollars.

Rob Goldstein, COO of BlackRock, noted, "Korea's foreign exchange and capital market reforms are progressing rapidly," and assessed that "these changes have the potential to expand accessibility for global investors." BlackRock is the world's largest asset management company, centered on ETFs and passive investing. As of the end of last year, its assets under management were approximately 14 trillion dollars.

Deputy Prime Minister and Minister of Strategy and Finance Koo Yoon-chul is shaking hands with John Stuginski, Vice Chairman of PIMCO, before their meeting following the Korea Economic Investment Roadshow (IR) held on the 14th in New York, USA. Ministry of Strategy and Finance

John Studzinski, Vice Chairman of PIMCO, stated, "Korea's inclusion in the WGBI is an important milestone for the development of the Korean bond market, and it will help deepen and expand market liquidity and foster sustained participation by foreign investors." He added, "Global investors trust the solid fundamentals of the Korean economy," emphasizing that PIMCO recognizes Korea as an important market and will cooperate accordingly. PIMCO is the world's largest bond investment firm, with assets under management of 2.3 trillion dollars as of the end of last year.

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