[Korea nine hyerin financial newspaper reporter: "Look at this graph. Investing in the bond remain more than 50% this year, Brazil than investing in domestic bonds. "
When we entered his office, the desk caught my eye first. Various economic publications were littered dizzy. Pointing to a monitor placed in the middle of the desk to hand Sin Seong-ho, president of the Brazilian debt was talking about. There was a monitor graph is drawn at the same time commodity prices and Brazil's current account trend since 1980. His confidence in the recommendation came from having a historical analysis of these economic indicators. Known as the "CEO of Learning 'IBK Investment & Securities Sin Seong-ho, president. 22 days seen handing out these and other stories to meet him at the head office in Yeouido.
◇ ventures, SMEs are our 'vocation'
"Venture Korea, SMEs are the economy and the direction to be pursued in the long term, we have a particular vocation awareness that IBK Industrial Bank should play a certain role as a subsidiary established in the light of the objective"
Eotneunde future water strategy as a leading securities firms in the financial sector policy, explained from the Sin Seong-ho, president of 'justification' for this. IBK Investment & Securities is a securities company entered the market last year, the financial investment industry's first crowdfunding. To perform well whether the call would have to ensure profitability. New president was to say that the progress of various projects in order to secure independence based on available revenue.
"I dont continue to strengthen the competitive advantages of the traditional strengths of P-CBO issued subjective, Conex designated consultation, specification, etc. In particular, by activating the KOSDAQ-listed securities market before the company Conex is kkoehal the pretext that support enterprise growth and securing our profitability. "
IBK Investment & Securities Conex cumulative total number of listed companies in the 29 fold. A company in which a former KOSDAQ are four children, including ThyssenKrupp, eksi cones, opto-pack, Salt Works. Performance specification is 6 cases, P-CBO issued last year was the participation scale 24 cases totaling 210.6 billion won.
This year, IBK Investment & Securities plans to pursue a KOSDAQ over the specification unearthing promising small / medium-sized enterprises. In addition, the new president, "I will try to Kibo, the main source of small business financing, organized by P-CBO Releases actively participated in maintaining financial sector policies issued in the beginning," says the goal.
If so, what concrete measures for achieving the objectives. Venture Capital (VC) sector development is one of the strategic tasks of this year IBK Investment & Securities.
Sin Seong-ho, president of "crowdfunding type and enable securities, and investments in new technologies, such as new business combinations sector plans," said ttuiwotda luck. Securities type crowdfunding is the initial enterprise support policies that require financing venture / start-up businesses to accelerate growth in the region.
"As well as collaborations with companies such as Bank promotes collaboration Industrial Park Management Corporation, Korea M & A Center for Emerging Companies excavation. In addition, we are also going to expand collaboration for investors to secure full and Korea angel investment association. "
Meanwhile, IBK Investment & Securities was established last August after registration technology financier in December of the first medium-term securities firms specializing in 'Value-up mid-specific technology solutions Investment Fund No. 1 "(90 million). With new technology project finance gyeomeop allowed securities firms formed the conditions that will be entering the work area through the traditional VC Investment integrity. New president said that the aspirations "combining scale plans to expand in the future," he said, "promising company plans to build a finding and investing, reinvesting the virtuous cycle as possible while increasing the return on your investment through a successful recovery."
◇ it should be avoided fee cut cycle bleeding competition
The securities industry recently spoken about the atmosphere. Recent trends for securities that are focused on the petite called Sin Seong-ho, president replied that "natural flow".
"Brokerage revenue structure is well known thing that changes in higher value-added businesses such as brokerage IB from one central point of retail. In addition, large capital expansion through the IB business nature of the risk appetite of the company to default hers is the inevitable choice. "
There are Eat fierce competition continues overlap, the solution had to answer the question Can yen resonate with its strategy.
"The idea that establish a growth strategy that matches your situation to concentrate this desirable. For example, if the Company has established its own purpose is focused on the financial sector as a policy-specific medium-term securities as of SMEs and that the real competitive advantage. Conversely, it seems to have chosen a strategy to strengthen the high-IB businesses large living overseas markets, with the risk of a certain size or more in capital. However, large companies will see that it is to be avoided, such as bleeding competition fee cut from the same period the market small and medium-sized Inc. "
I was wondering if the financial authorities have any idea when it comes to the number of hands you want to major in one color, an industry research report practices. New president been rated as one after another in our Securities Research Head, East Securities Inc. served as the industry heads into an excellent analyst.
He was "not mean that the report must necessarily sell a certain level, biased form looks like now that it is necessary to correct," said consent, that fundamental principles. But "approach to achieve this visibility through the institutional form should be avoided," he said lined. He was a page that you believe should change the default mindset of investors.
"First, investors may be acceptable to admit that the atmosphere has been created that is based on an opinion of the opinion that there should be an analyst on the share price may fall. Of course, the securities in order to obtain this confidence is equipped with a system capable of providing accurate information without discrimination as brokerages, analysts should strive to create accurate reports based on their own views. "
◇ analysis does not recommend buying customers also noticed chaenda
If you search for in a search engine Sin Seong-ho, president, analysts are to be studied, the content appears esteemed. Incidentally, the report came out talking about practice, seen handing out talking about the analyst that he thought ideal. New president "should have its own investment philosophy," he said. "All employees, as well as securities analysts is to default of the base to provide an optimized solution for the customer's situation on the basis of a clear logical thinking. To do this, understand the basic logic of the assets, you'll need to closely observe those mountains price fluctuations elements that are organically connected. Then surely gained the basics Based on this, it is important to establish the principle of their own. "
So what is Sin Seong-ho, president of investment philosophy. He said, "Based on a thorough study and analysis of investment does not fail even regret," said a sentence at once.
"The effort and process to close to its goal of 100% investment success than non uimip goal is more important than the result of success or loss. Branch Manager in the past days on the principles emphasized to employees from their own investment decisions as well as I can do the same applies to the salesperson and customer relationships. For example, it is natural that PB can see the damage that falling stock prices, unlike stocks forecast to recommend to our customers. But at least you've PB Customers are recommended to have a sufficient analysis and logic, or roughly words, when you have concerns about the possible decision. In the former case, the customer may also have a significant complaints, but in the latter case can I be a problem "
Sin Seong-ho, president of a new book being written now. A revised version of the book "Invest-to-wear (Where to invest?) ''ve Done in the past distributed to employees for educational purposes.
"This book is based on the premise that laid understand the situation and know the basic history of the market in order to predict the future. Based on the experience in the securities industry engaged in more than 30 years it had introduced various historical charts and graphs on six areas, including macro-economic, asset, interest rate, equity, currency, real estate. "
Still subject to revision did the new sweet. In the words of journalist private investors also I am going to help you book sold well to give the title Weigh ssambak meotjjeokge he laughed.
◇ year promising sector 'banking'
While an excellent analyst and interviews could not be asked this year market forecasts. Sin Seong-ho said the president is likely better than last year.
"Once the US economy is rising rapidly in the first quarter of last year, the floor. He recorded a growth rate of 3.5% in the third quarter, Ido looks passable mid-2% growth this year. Profit incorporated US S & P500 index stocks are also increasing. Last year's third-quarter profit increased 3.1% quarter to 10 000 6 11% in the first quarter of this year for the first time since turned bullish on, the prospect geolro increase profits by 9% in the second quarter. Compared with the rates were low PER of Korean stocks yeoseo still a lot of liquidity conditions are expected geolro price rises. "
Recommended for investors in stocks cited the 'banking'.
"I recommend banking sector started to increase profits for three years. Last year, the share price reflects the mid-section from being made, but I do not see yet geolro shares have risen enough. "
Getnya you like some recommendations from the banking stocks are questions that we want answered to note that the IBK Investment & Securities report. Investors bosira a look at the IBK Investment & Securities Banking Sector Report.
< Education >
- 1974 Chungnam National High School
- 1981 Bachelor of Statistics, Korea University
- 1984 Korea University Graduate Statistics
< career >
- 2000, Daewoo Securities investment manager jeonryakbu
- Chapter in our Securities Research Center in 2002, Managing Director
- 2005 Dongbu Securities Institutional Sales Division General Manager, Managing Director
- Chapter 2008 Dongbu Securities Research Center, Korea Securities Dealers Association Managing Director
- 2009 Woori Investment & Securities Division, Korea Financial Investment Association Management Strategies Division
- 2013 we present CEO
- August 2014 ~ IBK Investment & Securities CEO
Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com
