Samsung Life Eyes U.S. Asset Manager Stakes
Samsung Life Insurance has announced a plan to expand its global investment portfolio by acquiring additional stakes in alternative asset managers, focusing on advanced markets such as the U.S.Chief Financial Officer Lee Wan-sang said during a conference call held on Nov. 12, “We are searching for e
Samsung Life Insurance is planning to expand its global investment portfolio by acquiring stakes in alternative asset managers, with a focus on advanced markets like the United States. CFO Lee Wan-sang stated that the company is seeking excellent investment opportunities that will contribute to synergy and profit and loss, particularly in advanced country markets.
Samsung Life has previously acquired minority stakes in Savills, a UK real estate manager, in 2021, Meridiam, a French infrastructure manager, in 2023, and Hayfin, a UK credit manager, in 2025. The company aims to increase its pre-tax profit from overseas business to 20% within 10 years and has improved its Korean Insurance Capital Standard (K-ICS) ratio by about 4 to 5% through the issuance of overseas hybrid capital securities worth $1.5 billion in October.
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