Korea Investment & Securities Co. said on the 21st that it held a "global asset manager CEO invitational event" on the 19th at the 63 Building in Yeouido, Seoul, inviting heads and key executives of global asset managers to expand the supply of global investment products and strengthen strategic cooperation.
The event was organized to combine Korea Investment & Securities Co.'s retail wealth management capabilities with global asset managers' investment expertise to offer domestic investors a wider range of global investment opportunities.
Koreans representing 13 global asset managers and key executives from the Asia region attended, including Carlyle, J.P. Morgan, Man Group, and Fidelity.
Attendees shared changes in global investment markets and asset allocation trends, and discussed ways to discover and expand the supply of global investment products suitable for domestic investors. They also exchanged views on practical collaboration measures such as network cooperation to pioneer overseas investment markets, joint marketing, and sharing investment insights.
Recently, global asset managers have been focusing on the rapidly growing domestic retail wealth management market and are expanding cooperation with Korea Investment & Securities Co. Leveraging one of the largest customer bases and sales capabilities in Korea, Korea Investment & Securities Co. serves as a gateway for global asset managers to enter the Korean market, introducing domestic investors to their investment know-how and differentiated products.
Global asset managers also said they view Korea Investment & Securities Co. as a key partner for targeting the Korean market and are broadening the scope of cooperation.
Kim Sung-hwan, president of Korea Investment & Securities Co., said, "To offer customers new investment opportunities, it is important to be the first to read global markets and proactively secure outstanding investment products," adding, "We will continue to strengthen strategic cooperation with global asset managers so domestic investors can more easily access world-class investment opportunities."