Gyoung-Ho Baek

KB Asset Management Co. Ltd. (KBAM) is the wholly-owned asset management subsidiary of KB Financial Group, Inc. (KRX: 105560) in South Korea. The firm was founded in 1988 as Kookmin Investment Advisory Co. and became KB Asset Management Co., Ltd. in 2004. Headquartered in Seoul, KBAM offers a diverse array of investment portfolios in the global markets for individual and institutional clients. The firm’s flagship investment products are KB Star US Nasdaq 100 Index Securities Master Fund, KB Shareholder Value Focus Fund, KB Tong China High Dividend Securities Master Fund, KB Active Dividend Securities Master Fund, KB Mid Small-Cap Focus Securities Master Fund and KB Value Focus Securities Master Fund.

Woori Asset Management Co., Ltd. (Wooriam) is the investment management subsidiary of Kiwoom Securities Co., Ltd. (SO: 039490) in South Korea. Founded in 1988 as Lucky Investment Advisory Services, the firm became a subsidiary of Woori Financial Holdings (NYSE: WF) in 2004 and merged with Woori Investment Trust Management in 2005. They were renamed Woori Crédit Suisse Asset Management in 2006 when Crédit Suisse acquired a minority stake and formed a joint venture with Woori Financial Holdings as the majority shareholder. In 2009 Crédit Suisse sold their interest back to Woori and the firm became Woori Asset Management Co., Ltd. In 2014 they became the wholly-owned subsidiary of Kiwoom Securities Co., Ltd. Wooriam is located in Seoul and provides investment trust and asset management services to South Korean high-net worth individuals, institutions and retail investors. They manage mutual funds with investment in Eastern Europe, Latin America, the US, China and Japan. They specialize in sector funds, hedge funds, retirement funds and blue-chip funds.