Asset Management Industry Delegation Visits Singapore and Shenzhen for On-Site Review
The Korea Financial Investment Association announced on April 20 that the "New Portfolio Korea (NPK) Delegation of the Korean Asset Management Industry," consisting of the CEO of the Korea Financial Investment Association and CEOs of 17 asset management companies, will visit Singapore and Shenzhen, China, from April 20 to 24 to examine sovereign wealth fund investment strategies and on-site commercialization of artificial intelligence (AI), among other agendas.
NPK delegation composed of the Korea Financial Investment Association and CEOs of 17 asset management companies
View original imageHwang Sungyeop, Chairman of the Korea Financial Investment Association, stated, "Understanding the transformation of the global investment environment and emerging future industries together is crucial to strengthening the competitiveness of the K-capital market," and added, "I hope this visit will serve as an opportunity for the domestic asset management industry to broaden its global network and expand its investment perspective."
The delegation will first visit the Singapore Exchange, Temasek Holdings, Seviora Holdings, Grab, and East Ventures in Singapore. They will review the capital market structure of Singapore, Asia's financial hub, the long-term investment strategies of sovereign wealth funds, and the startup and platform investment ecosystem. In addition, they will examine the impact of the situation in the Middle East on the global macro environment through Bloomberg and discuss possible responses to geopolitical risks.
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In Shenzhen, China, the delegation will visit major technology companies such as Tencent and Huawei, as well as innovative AI and robotics firms including UBTECH, Paxini Robotics, and Xsquare. In particular, they plan to observe the commercialization of technologies, such as humanoid robots, autonomous driving, and unmanned taxis, firsthand and explore investment opportunities in future growth industries.
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