Samsung Asset Management ( Korean: 삼성자산운용) is a South Korean

asset management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

company headquartered in Seoul, South Korea, and a subsidiary of the

Samsung Life Insurance Samsung Life Insurance ( Korean: 삼성생명보험) is a South Korean multinational insurance company headquartered in Seoul, South Korea, and a subsidiary of the Samsung Group. It is the largest insurance company in South Korea and a Fort ...

. It is the largest asset management company in South Korea.

History

On September 1998, Samsung Life Investment Trust Management was founded. In March 2000, the company changed its name to Samsung Investment Trust Management. It became part of

Samsung Securities Samsung Securities ( Korean: 삼성증권) is a South Korean financial services company headquartered in Seoul, South Korea, and a subsidiary of Samsung Group. It is one of the largest securities companies in Korea. History On October 19, ...

. In January 2002, the company listed its first ETF, KODEX 200 on the Korea Exchange. In November 2007, the company opened its first overseas office in Hong Kong. A year later it opened an office in Singapore. In April 2010, the company changed its name to Samsung Asset Management. In 2014, the company became a wholly owned subsidiary of Samsung Life Insurance. In 2015, the company and the Capital Group signed a strategic partnership agreement to develop active investment strategies for investors in Korea. In the same year, it also signed a strategic partnership agreement with China Construction Bank to launch ETF products in China. In 2016, the company signed a strategic partnership agreement with

Edmond de Rothschild Group The Edmond de Rothschild Group is a financial institution specialized in private banking and asset management. Based in Geneva, the group is family-owned and independent, and encompasses the Edmond de Rothschild Foundations (philanthropic arm), ...

to cross sell mutual funds in Korea and Europe. In 2017, the company spun off Samsung Active Asset Management and Samsung Hedge Asset Management. In 2022, the company launched Samsung

Blockchain A blockchain is a type of distributed ledger technology (DLT) that consists of growing lists of records, called ''blocks'', that are securely linked together using cryptography. Each block contains a cryptographic hash of the previous block, a ...

Technologies ETF, the first of its kind in Hong Kong. On January 2023, the company launched Samsung

Bitcoin Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distr ...

Futures Active ETF in Hong Kong.

References

External links

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Asset Management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

Companies based in Seoul Financial services companies established in 1998 South Korean brands South Korean companies established in 1998