Samsung Asset Management Co., Ltd. () is a South Korean

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

company headquartered in

Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b ...

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...

, and a subsidiary of the Samsung Life Insurance. It is the largest asset management company in South Korea.

History

In 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 Co., Ltd. () 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 19 October 1982, Hanil I ...

. 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 Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

. 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 Capital Group may refer to: * Capital Group Companies, an American financial services company * Capital Group (Russia), which deals with integrated development of real estate projects See also

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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 The China Construction Bank Corporation (CCB) is a Chinese partially state-owned Multinational corporation, multinational banking and financial services corporation headquartered in Beijing, Beijing, China. It is one of the "Big four banks, big ...

to launch ETF products in China. In 2016, the company signed a strategic partnership agreement with Edmond de Rothschild Group 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 The blockchain is a distributed ledger with growing lists of Record (computer science), records (''blocks'') that are securely linked together via Cryptographic hash function, cryptographic hashes. Each block contains a cryptographic hash of th ...

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

Bitcoin Bitcoin (abbreviation: BTC; Currency symbol, sign: ₿) is the first Decentralized application, decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown entity published a white paper under ...

Futures Active ETF in Hong Kong.

References

External links

* {{authority control

Asset Management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

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