Shinhan Asset Management's New ETF Launch and the Reappointment of Hanwha Investment's Bae Jae-gyu
Shinhan Asset Management has attracted attention with the launch of its new ETF, 'SOL AI Semiconductor TOP2 Plus'. This fund focuses heavily on investing in Samsung Electronics and SK Hynix, allocating 25% to each. SK Square holds a 15% share, showing a strategic focus on major semiconductor companies. The ETF is designed to capitalize on rising momentum driven by the growing importance of high-bandwidth memory (HBM) and general-purpose DRAM, amid the widespread expansion of AI technology.
Additionally, Shinhan Asset Management anticipates benefiting from the semiconductor supercycle and has included related stocks in its portfolio. This launch represents a strategic response to the evolving semiconductor market and is seen as providing new opportunities for investors.
Meanwhile, Bae Jae-gyu, CEO of Hanwha Investment, has been reappointed for a fourth term, recognizing his role in expanding the company's presence in the ETF market. However, despite maintaining its rank as the third-largest in terms of ETF net assets, the firm faces challenges, as net profit has decreased by 27% this year. Hanwha Investment plans to explore opportunities by integrating AI technology and aims to balance its international and domestic investments.
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Shinhan Asset Management Lists 'SOL AI Semiconductor TOP2 Plus ETF' - meconomynews.comShinhan Asset Management announced on the 17th that it will newly list the 'SOL AI Semiconductor TOP2 Plus' ETF (Exchange Traded Fund). The ETF includes Samsung Electronics and SK Hynix, each with 25%, and incorporates SK Square, the holding company of SK Hynix, with 15%. Additionally, it includes high-quality materials, parts, and equipment stocks such as Samsung Electro-Mechanics, Isu Petasys, Lino Industries, and Wonik IPS, which are expected to benefit from the semiconductor supercycle. Recently, the semiconductor market is at another major turning point with the spread of AI, going beyond generative AI to AI agents, sovereign AI, custom cloud, autonomous driving, and robots, where high-performance computing and...
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Bae Jae-kyu succeeds in 4th term as CEO of Korea Investment Management... Aiming to solidify 3rd place in ETFs and improve profitability - Maeil DailyMaeil Daily = Reporter Jung Su-yeon | Bae Jae-kyu, known as the father of Korean Exchange-Traded Funds (ETFs), has succeeded in securing his 4th term as CEO of Korea Investment Management. Although his achievements in significantly increasing the scale and market share of ETF management have been recognized, he faces the challenge of breaking the current trend of deteriorating profitability and maintaining the 3rd place position. According to the financial investment industry on the 16th, the executive candidate recommendation committee of Korea Investment Management unanimously resolved Bae's 4th term reappointment earlier this month. As a result, CEO Bae will lead the company until the end of March next year. His reappointment is largely attributed to the expansion of his foothold in the ETF market.
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