The Korea Financial Investment Association (KOFIA) has organized the "Korean Asset Management Industry NPK (New Portfolio Korea) Delegation" for a visit to Singapore and Shenzhen, China, through the 24th of this month, the association said Thursday.
The visit is designed to respond to changes in the global investment environment and broaden the foundation for international cooperation within the asset management industry. The delegation consists of KOFIA Chairman Hwang Sung-yeop and chief executive officers (CEOs) from 17 asset management firms, and plans to jointly examine the market impact of Middle East geopolitical tensions and investment opportunities in future growth industries.
The delegation will first visit the Singapore Exchange, Temasek Holdings, Seviora Holdings, Grab, and East Ventures. The purpose is to review the capital market structure of Singapore, Asia's financial hub, along with sovereign wealth fund long-term investment strategies and the startup and platform investment ecosystem. Through Bloomberg, the delegation will also examine how Middle East developments are affecting the global macroeconomic environment and discuss responses to geopolitical risks.
In Shenzhen, China, the delegation will visit major technology companies including Tencent and Huawei, as well as innovative firms in artificial intelligence (AI) and robotics such as UBTech, Paxini Robotics, and X Square Robot. The itinerary is intended to directly observe the commercialization of technologies including humanoid robots, autonomous driving, and robotaxis. Through this, the delegation aims to explore the implications of AI-centered industrial restructuring for investment markets and identify related opportunities.
"Reading changes in the global investment environment alongside the shift toward future industries is essential for strengthening the competitiveness of the K-capital market," KOFIA Chairman Hwang Sung-yeop said. "We hope this visit will serve as an opportunity to broaden the global network of the asset management industry and expand its investment perspective."
