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Seoul Finance Snapshot #3 : Asset Management Companies and Securities Firms in Seoul

관리자 │ 2023-12-14

Seoul Finance Snapshot #3(October 2023)_EN.pdf

Seoul Finance Snapshot #3 / October 2023 / SEOUL FINANCIAL HUB 서울국제금융 오피스
 

Seoul Financial Hub is pleased to announce the release of 'Seoul Finance Snapshot #3,' delivering the latest financial news from Seoul. We kindly ask for your attention to this publication, where financial information about the city is provided.

 

In this edition, we focus on asset management companies and securities firms within the financial investment business among domestic financial sector. You can explore leading companies based in Seoul, examining their distribution, total assets, and net profits.

 

Currently, there are 450 asset management companies in South Korea, with 98% located in Seoul. In the city center, 55% of them are situated in Yeongdeungpo-gu. The top three companies based on total assets are Mirae Asset Global Investments, Korea Investment Value Asset Management, and Hanwha Asset Management.

There are 60 securities firms in South Korea, with 95% located in Seoul. In the city center, 53% of them are in Yeongdeungpo-gu. Among domestic securities firms, the top three based on total assets are Mirae Asset Securities, Korea Investment & Securities, and KB Securities. For foreign securities firms, the ranking is JP Morgan Securities, Goldman Sachs Securities, and Morgan Stanley International Securities.

 

Detailed information can be found in the infographic,

and by clicking on the map, you can directly check the location status of each financial company in Seoul on Google Maps.


SEOUL MY SOUL / SEOUL FINANCIAL HUB 서울국제금융 오피스 / Asset Management company - An asset management company indicates a professional fund management (investment) financial institution operating under the approval of the Financial Services Commission in the form of a joint-stock company under the Commercial Act with a certain amount of capital (no less than 10 billion won) and specified competent personnel. These companies invest a mutual fund in a variety of securities such as stocks, bonds, commercial paper (CP), certificates of deposit (CD), etc., as well as derivatives such as futures, options, etc. / Of 450 Asset Management firms nationwide, 441 (98%) are in Seoul - Seoul 441, Jeollabuk-do 2, Daegu 1, Gyeonggi-do 4, Busan 2 / 241 (55%) Asset Management Companies firms are in Yeongdeungpo- gu, Seoul - Yeongdeungpo-gu 241 Gangnam-gu 105 Jung-gu 27 etc 68 / Top 3 by Assets (as of Mar. 2023) - 1st MIRAE ASSET Mirae Asset Global Investments(4.0368 trillion won), 2nd Korea Investment Value Asset Management(2.9749 trillion won), 3rd Hanwha Asset Management(1.6316 trillion won) / Top 3 by Growth Rates (23 total asset ratio compared to '22) - 1st Korea Investment Value Asset Management(348%), 2nd Korea Investment Management(177%), 3rd IGIS Asset Management(50%) / Asset Management Company Map in Seoul - If you click on the map, you can use the map (google maps) of asset management companies located in Seoul / Top 10 net income (one million) -  1 Mirae Asset Asset Management 104,577, 2 Macquarie Asset Management 47,249, 3 Korea Value Investment Asset Management 45,849, 4 Samsung Asset Management 19,210, 5 Igis Asset Management 15,890, 6 KB Asset Management 15,685, 7 Midas Asset Management 14,012, 8 Hanwha Asset Management 9,409, 9 DS Asset Management 8,950, 10 Korea Investment Trust Management 8,934
SEOUL MY SOUL / SEOUL FINANCIAL HUB 서울국제금융 오피스 / Securities firm - A securities firm is a vital institution that, together with stock exchanges, forms a securities market and buys and sells securities between the securities market and investors. As a primary market player, it is responsible for purchasing, offering, and underwriting; as a distribution market player its duties include self-account transaction; and as a broker, brokerage. Additional work includes securities savings, repurchase agreement, and granting of credit to clients, etc. / Of 60 securities firms nationwide, 57 (95%) are in Seoul Of 57 securities firms in Seoul, 12 are foreign branches - Seoul 57% Busan 2% Gyeonggi-do 1% / 32 (53%) securities firms are in Yeongdeungpo-gu, Seoul Jongno-gu has 7 and Jung-gu has 5 foreign branches - Yeongdeungpo-gu 32%, Jongno-gu 12%(5 Domestic corporations, 7 Foreign branches), Jung-gu 11%(6 Domestic corporations, 5 Foreign branches), Seocho-gu 1%, Gangnam-gu 1% / Top 3 Foreign Corporations by Assets (as of Mar 2023) - 1st Mirae Asset Securities(84.0412 trillion won), 2nd Korea Investment & Securities(70.6471 trillion won), 3rd KB Securities(58.6224 trillion won) / Top 3 Domestic Corporations by Assets(as of Mar. 2023) - 1st JP Morgan Securities(3.8321 trillion won, 2nd Goldman Sachs Securities(2.5076 trillion won), 3rd Morgan Stanley International Securities(1.9701 trillion won) / Securities Firm Map in Seoul - If you click on the map, you can use the map (google maps) of securities firm located in Seoul / Top 10 net income (one million) - 1 Korea Investment & Securities Co., Ltd 258,835, 2 Meritz Securities Co., Ltd 192,644, 3 Mirae Asset Securities Co., Ltd 186,539, 4 Kiwoom Securities Co., Ltd 161,161, 5 Samsung Securities Co., Ltd 150,517, 6 Hana Securities Co., Ltd 137,925, 7 KB Securities Co., Ltd 130,447, 8 NH Investment & Securities Co., Ltd 110,169, 9 Shinhan Investment & Securities Co., Ltd 109,642, 10 Shinyoung Securities Co., Ltd 93,016
 




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