ETF Market: Navigating Innovation and Competitive Dynamics
Jo Jae-min, CEO of Shinhan Asset Management, expressed strong concerns over the issue of product copying within the ETF market. He criticized large firms for stifling the growth potential of mid-sized companies and called for regulatory improvements. Shinhan Asset Management successfully entered the market with its 'SOL' brand, attributing its surpassing of 10 trillion won in net assets primarily to 'product innovation.' The company plans to enter the 'SOL ETF 2.0' era with the listing of a new product, 'SOL US Next Tech TOP10 Active.'
Meanwhile, in the global AI ETF market, BlackRock's 'iShares AI Innovation and Tech Active (BAI)' is gaining attention. This actively managed ETF focuses on global AI-related tech stocks and has recently achieved a 21% return, surpassing other major tech ETFs. BAI has seen an influx of $2.9 billion, making it the largest asset-holder among AI-themed ETFs. By maintaining low management fees, BAI has further strengthened its competitiveness.
Technology and AI remain key sectors in both domestic and international ETF markets, with BlackRock's BAI ETF playing a central role. This ETF invests in big tech companies such as NVIDIA, Broadcom, Meta Platforms, and Microsoft.
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Shinhan Asset Management Joins the ETF '10 Trillion Club', Challenges Major Companies…“Product Copying is an Ethical Issue” - Edaily“The issue of product copying is ongoing in the ETF (Exchange Traded Fund) market, and major companies should provide room for medium-sized firms to grow together.” Shinhan Asset Management CEO Jaemin Cho stated at the 'SOL ETF Net Asset 10 Trillion Milestone Press Conference' held on the 15th at TP Tower in Yeouido, Seoul...