Intensified ETF Market Competition and Asset Management Trends

In February, the ETF market for assets under management (AUM) below 1 trillion KRW has faced intensified competition. Kiwoom Asset Management has surpassed an AUM of 6 trillion KRW, maintaining its 7th position, while NH-Amundi Asset Management and Timefolio Asset Management have both reached 5 trillion KRW, closing the gap. The primary growth driver is Kiwoom's 'KIWOOM 200TR' ETF, which recorded approximately 1.8814 trillion KRW in AUM. The growth is attributed to ETFs tracking major domestic indexes.
On the other hand, Hanwha Asset Management surpassed 10 trillion KRW in February, joining the top-tier league. This achievement is second only to Shinhan Asset Management, signaling intensified competition at the top. Hanwha's PLUS high-dividend stock ETF increased its AUM by 659 billion KRW, showcasing significant growth, and its high-dividend bond mix added 329 billion KRW, boosting its market share. These trends reflect investor confidence in high dividend and mixed-type products offered by asset managers.
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[ETF League Table] [February 2026] Hanwha Asset Management Surpasses 10 Trillion Won…Enters First League - Deal Site② AUM increased by about 2 trillion won in a month, solidifying as a mid-large competitor...Grew approximately threefold in 1 year and 7 months