Up 17% in 4 months to reach AUM 10 trillion Bond funds up 1 trillion from the end of last year
Daishin Asset Management’s operating assets exceeded 10 trillion won.
Daishin Asset Management said on the 10th that its fund management assets (AUM) recorded 10.439 trillion won as of the 30th of last month.
This is an increase of about 17% in four months from 8.5647 trillion won at the end of last year. In particular, bond-type and bond-mixed fund asset trust increased by more than KRW 1 trillion due to the growing demand for indirect bond investment due to the prolonged high-interest rate environment.
This is the result of Daishin Asset Management’s active expansion of its bond-type public and private equity fund lineup in line with increased demand for bond investment. In March, Daishin Asset Management set and operated a public offering fund of “Instead of U.S. long-term government bond active target conversion type No. 2” through eight sellers. Fund No. 1, which was launched in November last year, also led the success of Fund No. 2, achieving its target return of 7% early within three weeks of its launch.
High-yield public offering funds and maturity matching bond-type private equity funds, which have been continuously introduced by Daishin Asset Management, also contributed to the increase in trust. In particular, bond-type private equity funds have responded to the demand of institutional investors, including banks.
In addition, most asset groups showed even growth, with the size of equity fund management assets rising 305.7 billion won, re-indirect funds increasing 109.7 billion won, and real estate funds increasing 101.4 billion won.
