[Infostock Daily= Reporter Park Hyo-sun] Nonghyup Financial Group, proposed to increase the proportion of overseas equity investment and to pursue dividend-oriented profits in the direction of asset management strategy this year.
The Nonghyup Finance announced on the 30th that it held the first Nonghyup Financial Asset Management Strategy Meeting in 2020 with the heads of the affiliated asset management division under the supervision of Kim Hyung-shin, NH Nonghyup Financial Group's Business Strategy Division (Vice President) at its headquarters in Jung-gu, Seoul on the 29th.
At the meeting, we analyzed the asset management performance of Nonghyup Finance and discussed the direction of Nonghyup Financial Asset Management Strategy in 2020.
Nonghyup Finance has set its goal of improving its portfolio in preparation for system changes such as the introduction of a new accounting system in 2020, continuing to diversify its management asset groups and strategies, and defending its operating profit margin through securing two reserves.
Accordingly, this study proposed a strategy direction for securing profits under the low interest rate trend, such as expanding the proportion of overseas stock investment through diversification of investment areas and IT sector concentration strategies, pursuing dividend-oriented incom, and expanding duration through long-term government bonds (average recovery period of investment funds).
Each affiliate announced its management strategy and plan this year and exchanged opinions on future market changes and response strategies.
In particular, NH Hedge Asset Management, which was launched in December last year, introduced the management strategy of NH App Solutriton Fund, raising expectations for portfolio improvement such as diversification of management assets.
“It is important to achieve the target return on asset management, but we should not miss thorough preemptive risk management,” said Kim Hyung-shin, vice president of the company. “Even if the global economic situation is showing signs of recovery, we should pay more attention to the management considering the various risks accumulated in the financial market.”
Reporter Park Hyo-sun hs1351@infostock.co.kr