NH Investment & Securities said on the 5th that "N2 IMA1 mid-term type No. 2," the second product of its integrated managed account (IMA), sold out early, with the entire 120 billion won exhausted about three hours after subscriptions opened on the 1st. Of the sales amount, 64.9 billion won, or 66%, was counted as new assets flowing in from outside.
By customer type, corporate clients accounted for 66%, far outpacing individuals (34%). New assets were 16.2 billion won from individual clients and 48.7 billion won from corporate clients, showing inflows centered on corporations. Compared with the first offering, when corporations were 55% and individuals 45%, the corporate share expanded further.
An NH Investment & Securities official said, "The IMA is serving as a core asset management platform that attracts external funds, rather than a simple shift of existing assets."
By asset size, sales to ultra-high-net-worth clients with 3 billion won or more and high-net-worth clients with 1 billion won or more accounted for 32% of individual sales.
Chief Executive Yoon Byung-woon of NH Investment & Securities said, "We will continue to present competitive IMA products that meet clients' diverse fund management needs, by selecting investment assets based on verified corporate finance assets and operating under a principle of prebuilding portfolio assets before client fundraising."