Korea Investment Trust Management ranked third in the domestic market based on exchange-traded fund (ETF) net worth. As the ETF market rapidly grows, competition among asset management companies is expected to remain fierce in the new year.
According to the Korea Exchange on the 31st, the net worth of Korea Investment Trust Management's ETFs was tallied at 13.1991 trillion won as of the 27th. Korea Investment Trust Management ranked third, following Samsung Asset Management and Mirae Asset Global Investments. The share of Korea Investment Trust Management's ETFs in the total ETF market net worth increased by 2.7 percentage points to 7.62% compared to the end of last year.
KB Asset Management dropped to fourth place. The net worth of KB Asset Management's ETFs was 13.1260 trillion won, with a share of 7.58%. Although the net worth of KB Asset Management’s ETFs increased by over 3.5 trillion won this year, the growth of Korea Investment Trust Management (7.5 trillion won) was larger.
Funds have flocked to products that track U.S. indices and stocks, such as ACE U.S. S&P 500, ACE U.S. Nasdaq 100, and ACE Tesla Value Chain Active among Korea Investment Trust Management's ETFs. Korea Investment Trust Management has also launched 21 ETFs this year alone, with popular products including ACE CD Rate & Short-Term Bond Active and ACE U.S. Big Tech 7+ Daily Target Covered Call (Synthetic), as well as ACE NVIDIA Value Chain Active.
Samsung Asset Management held the top position with ETF net worth of 66.1959 trillion won and a share of 38.23%. Mirae Asset Global Investments followed in second place with ETF net worth of 62.8013 trillion won and a share of 36.27%. The gap in net worth between the two asset management companies remained in the 3 trillion won range.
Shinhan Asset Management climbed from seventh to fifth place at the end of last year. Its ETF net worth was 5.4734 trillion won, with a share of 3.16%. In contrast, Hanwha Asset Management dropped from fifth to seventh place with an ETF net worth of 3.3463 trillion won and a share of 1.93%. Kiwoom Investment Asset Management maintained sixth place with an ETF net worth of 3.6261 trillion won and a share of 2.09%.
Additionally, the rankings included ▲ 8th NH-Amundi (Amundi) Asset Management 1.6209 trillion won ▲ 9th Hana Asset Management 1.2704 trillion won ▲ 10th Timefolio Asset Management 959.4 billion won ▲ 11th Woori Asset Management 306.4 billion won ▲ 12th Samsung Active Asset Management 241.5 billion won.
The ETF market's growth trend continues. The net worth scale of the domestic ETF market has increased by over 50 trillion won just this year. While domestic equity ETFs have regressed, overseas equity ETFs have seen their net worth swell by over 30 trillion won.
According to DB Financial Investment, major global asset managers such as BlackRock, Vanguard, and Amplify expect that ETFs related to artificial intelligence (AI), U.S. small stocks, infrastructure, and nuclear power will continue to be popular in 2025. Emerging market equity ETFs are expected to show differentiation by country, as seen this year.
Domestic asset management companies are also expected to continue competing to secure more clients. They have successively reduced management fees and launched new ETF brands. This year, Hanwha Asset Management changed its ETF brand from ARIRANG to 'PLUS', while KB Asset Management shifted from KBSTAR to 'RISE'. Kiwoom Investment Asset Management will unify its previously divided ETF brands 'KOSEF' for passive and 'HEROES' for active into 'KIWOOM' next month.