The Korea Financial Investment Association (KOFIA) held a board meeting on the 20th and approved the transition of six financial investment firms to full membership and new memberships.
K1 Asset Management transitioned from associate to full membership. Five firms, including Sunsphere Asset Management, Acros Asset Management, Create Asset Management, Fairfield Asset Management, and Hyundaiheim Asset Management, joined as full members.
Full members of KOFIA have the right to attend general meetings and vote, and can participate in various meetings to provide opinions on improvements to laws and regulations concerning the market and the industry overall.
They can also receive support for tasks related to publicity, disclosures and statistics, advertising and terms and conditions review, and the registration and management of professionals, and enjoy discounts on lectures and facility usage at the Financial Investment Education Institute.
Including these six firms, the total number of members in KOFIA has increased to 582.