Thursday, March 16, 2017

KB Asset Management, a dedicated team established overseas operations ... Pimko affiliated with Vanguard,



[Korea goyounghun financial newspaper reporter] KB Asset Management This business sets out to strengthen overseas operations. Jojaemin CEO took office after overseas than the first row. Whilst KB Asset Management Except for index funds, while value stocks and growth stocks overseas funds sector embellish the lineup based on significant achievements in the domestic market equity funds it had no apparent results.

KB Asset Management has expanded to two teams in December last year, foreign investments through the Government Employees Pension Corporation 16 days after the signing of a reorganization to gimyoungseong executive who oversees the existing global strategic operational headquarters to three teams.

International Management Team is responsible for the international fund quant-based offshore fund, and the two new teams operating directly, and three teams dedicated fund of funds managers and fund management through international cooperation.

KB Asset Management are current you are operating three trillion 5000 billion of foreign funds, some Chinese funds directly operated from 2015. In addition, management is also being funded institutions such as sovereign wealth funds in recognition of the excellent operability while.

Fund representative in China through KB high dividend fund is currently operational scale 248.5 billion won (NAV) is the largest and one of China dividend funds, the past year yield has shown the most outstanding achievements of China dividend funds as 18.25%.

Unlike traditional Chinese funds and has invested extensively in Hong Kong, mainland China, like the US listed Chinese stocks, the result of focused investments in companies with high dividend appeal. Market dividend yield of the end of last year, Bloomberg statistics based on the enterprise fund has exceeded the average domestic equity fund 1.7% to 4.3%.

KB Asset Management Global Strategic Management Division gimyoungseong managing director explained, "during the first half of this year, TDF (target date funds) will launch a new fund this year as the world No. 1 Vanguard signed a global bond management company specializing in strategic partnership with pimko".



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