The Korea Financial Investment Association and chief executive officers (CEOs) from 17 asset management companies, forming the "Korea asset management industry NPK (New Portfolio Korea) delegation," will visit Singapore and Shenzhen, China, from Apr. 20 to 24.
The NPK delegation will visit Singapore and Shenzhen, China, to broaden its overseas cooperation base and respond to changes in the global investment environment. It will review market impacts from the recently heightened Middle East-driven geopolitical tensions and examine investment opportunities in future growth industries such as artificial intelligence (AI) and Humanoid Robot.
First, the delegation will visit Singapore Exchange, Temasek Holdings, Seviora Holdings, Grab, and East Ventures in Singapore. The goal is to 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. It will also look at how the Middle East situation affects the global macro environment through Bloomberg and discuss ways to respond to geopolitical risks.
In Shenzhen, it will visit major technology corporations such as Tencent and Huawei, as well as innovators in AI and Robotics, including UBTECH, PaxiNiu Robotics, and X Square. In particular, it will directly examine technology commercialization sites for Humanoid Robot, autonomous driving, and driverless taxis, and also review the implications of AI-centered industrial restructuring for the investment market and investment opportunities in future growth industries.
Hwang Sung-yeop, head of the Korea Financial Investment Association, said, "Reading shifts in the global investment environment and the transition of future industries together is important to strengthening the competitiveness of the K-capital market," and added, "I hope this visit will serve as an opportunity to expand the domestic asset management industry's global network and broaden its investment horizons."