NH-Amundi Asset Management announced on the 7th that its global aerospace fund has surpassed a net worth of 100 billion won.
According to Shinhan Fund Partners, as of the end of last year, the net worth of the global aerospace fund (UH/H) was recorded at 106.9 billion won. Over the past year, the net worth increased by approximately 100 billion won. As of Dec. 31, the yield since inception is 78.64% (UH basis) with an initial amount of 62.4 billion won, more than 10 times the previous year.
NH-Amundi Asset Management noted, "The global aerospace fund is adopting a systematic investment strategy through big data analysis to select aerospace corporations with outstanding technological capabilities,” adding, “Key holdings include major aerospace corporations both domestic and international, such as Rolls-Royce Holdings, Airbus, and Hanwha Aerospace."
Park Jin-ho, head of stock management at NH-Amundi Asset Management, said, "Now that the growth of the private aerospace industry has officially begun, the global aerospace fund could become an effective investment opportunity."