Recent Trends and Perspectives on the Korean Asset Management Industry
分析了2020年初以来韩国散户投资者激增但偏好直接投资股票而非共同基金的现象，探讨其对资产管理行业的影响及公司应对策略，并分享行业领袖观点。
There has been a surge in the number of retail investors in the Korean market since early 2020. Although investment by individuals increased sharply, the trend is not reflected in indirect investments (e.g., mutual funds) because retail investors have preferred to invest directly in stocks. There are several reasons for these patterns that are unique to the Korean market, but the overall trend may be more relevant to the global market. In this article, the authors discuss the recent movement by retail investors in Korea, its possible causes, its effect on the Korean asset management industry, and how asset management firms can adapt to these changes. Moreover, insights from industry leaders are also presented to share the views of the Korean asset management industry. <b>TOPICS:</b>Fundamental equity analysis, emerging markets, wealth management <b>Key Findings</b> ▪ Investment by individuals in the Korean market has surged since early 2020, but retail investors have preferred to invest in stocks as opposed to indirect investments such as mutual funds. ▪ Although these trends are partially due to retail investors obtaining market news and analysis through new media, asset management firms could provide further value to individuals by offering personalized products and services. ▪ This article discusses how asset management firms can adapt to these changes and presents insights from industry leaders to share the views of the Korean asset management industry.