Korea Investment Management Co., Ltd. (Seoul)

Name: Korea Investment Management Co., Ltd.
Address: 88, Uisadang Daero, Yeongdeungpo Gu, Seoul, 150 745
Telephone: 82-2-3276-5046

Korea Investment Management Co., Ltd. is a large advisory firm based in Seoul. It manages $40.68 billion of regulatory assets for 1,328 client accounts. It has been registered with the SEC as an adviser since 2014.

Korea Investment Management Co. provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and management and distribution of collective investment scheme. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as collective investment scheme managed by kim.

Korea Investment Management Co.: assets under management

The assets under management (AUM) of Korea Investment Management Co., Ltd. is $40.68 billion. The firm's AUM has grown by 36% since the beginning of its operation, and $40.68 billion of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is government bonds, which make up 46% of the firm’s portfolio. Investments in pooled investment vehicles form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Korea Investment Management Co., Ltd. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Korea Investment Management Co. serves?

The firm provides services to insurance companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Korea Investment Management Co. is pooled investment vehicles with 1,171 clients and $23.81 billion of assets under management. Among the 10 most similar advisory firms, Korea Investment Management Co. has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $33.89 billion for 1,317 clients. 100% of the firm’s clients are foreign persons or businesses.

Korea Investment Management Co. doesn't advise any private funds.

Careers at Korea Investment Management Co., Ltd.

The company employs 263 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Hae Man Yang has served as the Chief Investment Officer since 1 Jan 2018 and Hong Rae Cho is the Chief Executive Officer of Korea Investment Management Co., Ltd. family office. In Hee Choi joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Hyeon Jeon Kim	Chief marketing officer	1 Nov 2005	Other	6409736
Cheol Soo Seo	Head of real asset investment division	1 Jul 2006	Other	6409743
Chan Hyoung Chung	Ceo	1 Aug 2007	Other	6409735
Jung Doo Suh	Managing director at alternative investment division	1 Mar 2008	Other	6409741
Chang Hoon Lee	Chief compliance officer	1 Apr 2008	Other	6409740
Ltd Korea Investment & Securities Co.	Owner	1 Jul 2012	75% - 100%	116-81-04504
Young Il Kim	Chief investment officer	1 Jul 2012	Other	6409737
Hong Rae Cho	Chief executive officer and chief marketing officer	1 Dec 2014	Other	6441361
Hong Rae Cho	Chief executive officer	1 Jan 2015	Other	6441361
Byeong Mo Kim	Chief marketing officer	1 Jan 2016	Other	6625707
Jung Woon Ham	Chief risk officer	1 Jan 2016	Other	6625706
Seung Hyun Lee	Chief operating officer	1 Jan 2016	Other	6625705
Seok Ro Lee	Chief operating officer	1 Jan 2017	Other	6774751
Seung Hyun Lee	Executive managing director of product strategy	1 Jan 2017	Other	6625705
Young Ok Hwangbo	Chief investment officer	1 Jan 2017	Other	6774748
Hae Man Yang	Chief investment officer	1 Jan 2018	Other	6950341
In Hee Choi	Chief compliance officer	1 Jun 2018	Other	6980163

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Korea Investment Holding Ltd.	Owner	1 Mar 2005	75% - 100%	214-87-26478

Based in Seoul

The principal office where Korea Investment Management Co., Ltd. performs its advisory services is located at 88, Uisadang Daero, Yeongdeungpo Gu, Seoul, 150 745, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 82-2-3276-5046 or by fax 82-2-3276-4896. The normal business hours are 8:00 to 18:00 (kst) on Monday - Friday. You can find more information about the New York firm at kim.co.kr.