Wednesday, March 8, 2017

Last year, 907 trillion asset management company assets, net 667.4 billion won, the maximum ever '



[Korea goyounghun financial newspaper reporter] recorded a maximum two ideas assets and net asset manager of the year.

According to the Financial Supervisory eight days in 2016 has increased by 72 asset management companies over the previous year 93 companies to 165 companies. This was a new company of 40 companies are specialized in Private Equity Investment Manager, the remaining 32 companies have switched from investment advisors.

The total staff of 1141 people last year, asset management has increased (21.7%) of 6400 people over the previous year 5259 people. AUM has increased 88 trillion won (10.8%) compared to 819 trillion won last year with 907 trillion won.

Fund AUM has increased 469 trillion won in 2015 to 422 trillion won compared to 48 trillion won (11.3%) and private equity funds (250 trillion won) was overtaken public offering funds (220 trillion) for the first time. Logos discretionary investment contracts increased by 438 years compared to 41 trillion won (10.3%) to 2015 won.

Asset Management net income increased by 667.4 billion won, 495.5 billion won last year against 171.9 billion won (34.7%). 2016 net profit of the asset management company to a record high 667.4 billion won, 171.9 billion won in the French was 34.7% compared to 495.5 billion won last year.

FSS ryugukhyeon asset management director related, "This increase in commission income of 212.5 billion and some due to non-operating revenue growth of large companies due to the increase in assets under management," said "the third quarter 29.53% equity Mirae Asset Capital Mirae Asset Global Investments acquired equity method gains 118.2 billion won a He explained that the bar has occurred. "

165 companies by company 108 companies (65.5%) recorded a surplus of, compared to the previous year (78.5%), 73 of the top 93 firms recorded a surplus profit the company point percentage has dropped 13%.

In the case of private professional Investment Manager it has recorded a total of 91 companies 43 companies (47.3%) of the profit, 48 companies (52.7%) recorded a deficit.

Return on Equity (ROE) last year, asset management company has risen by 1.3% points to 14.5% compared with 13.2% the previous year, since 2013 been continuously improving profitability.

Last year revenue of 1 trillion asset management is 1.7365 trillion won compared to the previous year was an increase of 12.2% 212.5 billion won to 949 billion won. AUM funds and discretionary investment contracts with high fund-related fees increased (1592 billion, 12.2%) and discretionary advisory fees (533 million yuan, 12.3%) had both increased.

Investment securities gains inherent to operating property has decreased slightly compared to the previous year (680 million) to 65.3 billion won, selling and administrative expenses increased 1 trillion 157.3 billion won compared to 1.0157 trillion won the previous year (15.5%) of the 172.9 billion won. This is because staff salaries had been raised (932 million yuan, 16.7%) of the company and number of employees (1141 people) increases.

FSS is "to strengthen the inspection and monitoring of the risks of the asset management market, such as displacement phenomena in certain countries, assets" and "carry out constant monitoring of the financial soundness and internal control adequacy of the revenue base vulnerable companies, including newly established asset management companies I will, "he said.



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