Growth of the ETF Market and Surge in Samsung Group ETF
The significant growth of the public offering fund market last year was largely due to focused interest in ETFs, resulting in a 13% increase in net income for asset management companies. According to the Financial Supervisory Service, the provisional operating assets of the asset management industry rose by 11.7% year-on-year to 1,656 trillion KRW. An increase in fund custody volume and investment advisory contracts is attributed to the public fund's addition of 83 trillion KRW, marking the highest record within the past decade. Various fund types showed significant growth in both public and private funds. The increase in earnings was primarily driven by a rise in fee income.
Recently, the net assets of the 'TIGER Samsung Group Fundamental' ETF surged by 211% in one month, reaching 181.1 billion KRW, fueled by expectations of semiconductor industry improvement. Foreign investors bought large quantities of Samsung Electronics, prompting brokerage houses to raise their target stock prices for Samsung Electronics. For instance, NH Investment & Securities and KB Securities set their target prices at 79,000 KRW and 82,000 KRW, respectively. Within Samsung Electronics, there are optimistic projections of performance improvements starting from the first quarter, underscoring a positive outlook for the future.
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매일일보2025 3月 31
“Will it drop further?” Bulk investment in Samsung Group stocks ETF - Daily NewsDaily News = Reporter Lee Jae-hyung | The net assets of the exchange-traded fund (ETF) investing in major Samsung Group companies have more than tripled in the past month. This is attributed to the inflow of foreign demand for Samsung Electronics, driven by expectations of a semiconductor industry rebound. According to the Korea Exchange on the 31st, the net assets of 'TIGER Samsung Group Fundamental', which invests in Samsung Group companies, reached 181.1 billion won as of the 28th, up 122.9 billion won (211%) from 58.2 billion won on the 28th of last month. It appears that foreign investors returning to net buying of Samsung Electronics had an impact during this period.
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'Thank you ETF' Asset Managers' Net Income Rises by 13% - Money TodayLast year, the index fund (ETF) phenomenon led the public fund market to grow by 25.3% compared to the previous year. With the expansion of the public fund market, fee income increased, leading to a 13% rise in asset managers' net income. According to the Financial Supervisory Service on the 31st, at the end of last year, the provisional assets under management of asset managers amounted to 1656 trillion 400 billion won, an increase of 173 trillion 800 billion won (11.7%) compared to a year prior. Among the total assets under management, funds...