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Samsung Asset Management

South Korean company From Wikipedia, the free encyclopedia

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Samsung Asset Management Co., Ltd. (Korean: 삼성자산운용) is a South Korean asset management company headquartered in Seoul, South Korea, and a subsidiary of the Samsung Life Insurance. It is the largest asset management company in South Korea.[citation needed]

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In September 1998, Samsung Life Investment Trust Management was founded.[3][4]

In March 2000, the company changed its name to Samsung Investment Trust Management.[3] It became part of Samsung Securities.[5][6]

In January 2002, the company listed its first ETF, KODEX 200 on the Korea Exchange.[3][7][8]

In November 2007, the company opened its first overseas office in Hong Kong.[3][9][10] A year later it opened an office in Singapore.[10]

In April 2010, the company changed its name to Samsung Asset Management.[3]

In 2014, the company became a wholly owned subsidiary of Samsung Life Insurance.[6]

In 2015, the company and the Capital Group signed a strategic partnership agreement to develop active investment strategies for investors in Korea.[11] In the same year, it also signed a strategic partnership agreement with China Construction Bank to launch ETF products in China.[12]

In 2016, the company signed a strategic partnership agreement with Edmond de Rothschild Group to cross sell mutual funds in Korea and Europe.[13]

In 2017, the company spun off Samsung Active Asset Management and Samsung Hedge Asset Management.[14]

In 2022, the company launched Samsung Blockchain Technologies ETF, the first of its kind in Hong Kong.[15]

In January 2023, the company launched Samsung Bitcoin Futures Active ETF in Hong Kong.[16]

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References

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