[Korea Seo Hye Rin nine financial newspaper reporter] with a poor return on pension savings fund products geoseda magnetic requirements for the asset management industry. On the other hand, in the asset management industry it is a difficult point to pay attention, including fewer customer demand portfolio diversification. During the last target date fund (TDF · Target Date Fund), global asset allocation fund that popularity, which has been blocked by the authorities also raised the difficult regulatory product development issues.
Financial Investment Association, the average yield of 282 pension savings in the pension fund established products, according to the published data based on the 24th, February 2014 previously showed that not less than 1% to 0.7%. Among them, the minus (-) storing a product yield amounted to 32% of the 90 dogs. Pension savings fund is to look at the long-term rate of return since the product under consideration and the long-term investment fund to attract retirement money. However, if the case record deficit of 1 year 3 years Ido yields higher product yields are bujigisu.
The domestic asset management industry stakeholders "Why poor long-term returns, but also because that is the domestic market slump meantime, there is a problem of management," he said. "Pensions savings fund is a particular focus on risk management to reduce volatility because the product long-term investment equalize, "he said.
Moreover, said, "to have to develop a product to suit the characteristics of aging countermeasures funds, commodity structure public offering funds and problems of even domestic pension funds, there is no big difference", "paste mopeondeu made to existing only entitled pension funds japeondeu in many cases that come in, "she said. The reason they do not focus on asset management portfolio diversification to consider the specificity of the pension is because the pension fund is not a lump sum. Once you sign up if you have to repurchase the ground that the customer poor yields are rare, and the back door does not greatly interested in the product development since the structure of the calendar monthly inflow funds.
On the other hand, unlike other short-term funds for purposes that have the popularity, come Assessment that domestic investors are indifferent to the pension fund.
Officials in charge of asset management products in one large bank when showing an interest in children's fund bought for "children who" to customers is often the case that does not understand to explain the significance of pension funds "and is at most aged over can not afford to seem, "he explained. Saying "educational expenses, living expenses, but find themselves forced not only to short-term funding social freshman 40, 50 Avenue Like", adding that "eunikka will eventually demand a variety of products have not ever developed." The midst of receiving a pension savings fund neglected in recent years as the product that automatically manages the retirement assets according to the Life Cycle Assessment as TDF emerges that the trend leaning.
The current release of TDF has Mirae Asset Global Investments, Mirae Asset baebunhyeong years, TDF 2030 2040 Funds' Investment Manager of Samsung Samsung Korean TDF series, the Korea Investment Trust, Korea Investment Funds care TDF series.
In Korea, but only recently expanded to three, it is common to administer a retirement fund to TDF abroad. "The United States in the TDF markets' as tea price" 3 managers of the corresponding above in order to receive technical advice from the past three years went fieldwork, "he said." Fairly complex structure is released without the research of a long period of time because the Korea Investment Trust Management officials He explained that difficult to fund. " In the financial authorities I have been struggling for ways to enable these assets baebunhyeong pension fund last year. Financial Services Commission said the announcement 'fund product innovation plan "last May 30, would help the long-term stable growth of the national wealth.
Asset allocation funds there is the normal operating funds of funds, in the case of domestic funds of funds has put strict regulations. And the same managers focus limited regulatory re the fund management company at the time of publication of the funds of funds that you can not account for more than 50%, there is a provision that funds of funds that can invest in funds of funds.
At the time the FSC said it will recognize the exception of the introduction of asset allocation funds and institutions, fund of funds investment regulations for asset allocation fund characteristics. Stating that it was easing the largest investment fund managers operating in the same proportion to the 50% to 100%, and asset allocation funds are allowed to invest, even if the art when investing in real life funds funds funds of funds.
However, it is pointed out that there are limits to the development of the asset management asset allocation funds out because even the current regulatory improvements are not made.
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