Mirae Asset Asset Management opens Jeonju office
The physical distance between the largest institutional investor in Korea, the National Pension Service, and asset managers is disappearing. Mirae Asset Global Investments announced on the 16th that it has opened its Jeonju office to strengthen on-site communication with the National Pension Service's fund management department and provide customized investment solutions. Located in Deokjin-gu, Jeonju-si, Jeonbuk, the Jeonju office began full-scale operations on the 28th of last month. This office is expected to be used not only as a simple business space but also as a key hub where face-to-face consultations with the National Pension Service's fund management department are possible. The opening ceremony, held on the 16th, was attended by CEOs Ijunyong and Choi Chang-hoon of Mirae Asset Global Investments, as well as Kim Seong-joo, chairman of the National Pension Service, and Ko Jeong-sam, Governor of Jeonbuk Special Autonomous Province.
South Korea's largest institutional investor, the National Pension Service and asset management firm Future Asset Management, have opened a new regional office in Jeonju, North Jeolla Province. The company announced on the 16th that the Jeonju office, located in the Daejeon-gu district, will strengthen communication with the National Pension Service and provide localized investment solutions. The new office began full operations on the 28th of last month.
The Jeonju office will serve as a core point of contact between the two entities, allowing for daily face-to-face consultations between representatives of the National Pension Service and Future Asset Management. The facility aims to enhance collaboration and crisis response capabilities, particularly in times of market turbulence or data requests.
Future Asset Management plans to increase the number of visits from its specialized investment teams to Jeonju, enabling direct communication on investment strategies, market trends, and risk management issues.
While the Jeonju office primarily focuses on supporting national pension fund management, Future Asset Management intends to expand its regional presence in the Chungcheong and Hoseong regions. The office will handle investment pool consultations for local pension funds and administer services for corporate and retail/investment pension clients.
Future Asset Management representatives view the Jeonju office opening as a strategic decision to provide timely investment solutions that align with the National Pension Service's operational direction and demand, emphasizing stronger in-person communication to bolster jurisdiction-specific investment capabilities.
Written by urgent.news from BusinessKorea's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
