Korea Investment Securities said that President Kim Seong-hwan met John E. Waldron, the Chief Operating Officer of Goldman Sachs, reaffirming the willingness for strategic cooperation between the two companies on the 26th. John COO visited Seoul on the 23rd.
Korea Investment Securities recently signed a business agreement at Goldman Sachs' headquarters in the U.S. and secured the authority to sell funds from Goldman Sachs Asset Management in Korea. They also agreed to share market updates and materials from Goldman Sachs.
Korea Investment Securities held a seminar titled '2025 Global Market Outlook' at the Grand InterContinental Parnas in Samseong-dong, Seoul, on the 23rd. More than 100 individual customers from Korea Investment Securities attended.
At the seminar, Hersh Ghandi, Asia representative of Man Group, and Edward Cole, multi-strategy representative, along with Kang Seok-won, Korea representative of Man Group, shared their outlook on the global market for the year. Ghandi noted, 'The trade war is causing uncertainty in the global bond market, but the differentiation among credit instruments could provide selective investment opportunities for investors.'
Man Group is a British asset management firm with a 200-year history and is listed on the London Stock Exchange. Its assets under management amount to $175 billion (approximately 240 trillion won). The firm employs a credit-focused strategy with alternative investment strategies such as absolute return, macro strategies, structured bonds, and private bonds, along with innovative multi-investment strategies.
The seminar also featured Lee Yong-seok, Asia managing partner of Lexington Partners, Kim Tae-hee, Korea representative of Franklin Templeton, Karan Talwar, client portfolio manager for public bonds at Baring, along with Bok Jong-hak, Korea representative, and Song Seung-ryong, head of GIS at Korea Investment Trust Management, who shared investment strategies.
Franklin Templeton is one of the world's largest asset management firms, established in 1947, currently managing $1.6 trillion (approximately 2200 trillion won). It is a comprehensive management firm with capabilities in both traditional and alternative asset management, holding multiple management subsidiaries, including Lexington. Baring Asset Management is a key subsidiary of MassMutual, one of Fortune Global 500 companies, and currently manages assets of $442 billion (approximately 620 trillion won). Man Group and Baring Asset Management are showcasing global credit products through Korea Investment Securities.
President Kim Seong-hwan said, 'We are striving to provide customers with a wider variety of advanced financial products and investment insights by utilizing our global network,' and added, 'We will continue to offer a different level of financial services to our clients through close partnerships with global asset managers and lead the global standards of K finance.'