Samsung Asset Management Introduces "National Growth Fund" to Pension Fund Investment Pool for the First Time

Launch Briefing for "Pension Fund National Growth Fund No. 1" Held on May 29

Samsung Asset Management is introducing the government policy-driven investment product, the "National Growth Fund," for the first time to the Pension Fund Investment Pool.

On May 29, Samsung Asset Management announced that it held a launch briefing for the "Pension Fund National Growth Fund No. 1" at the Westin Chosun Hotel in Seoul. The event was attended by approximately 100 representatives from major funds and public institutions, who received explanations about the fund’s design background and management strategy.

Samsung Asset Management held a launch briefing for the "National Growth Fund No.1 for Pension Funds" on the 29th at the Westin Chosun Hotel in Seoul. Samsung Asset Management

The "Pension Fund National Growth Fund No. 1" by Samsung Asset Management is structured to make diversified investments in domestic innovative companies, strategic industries, and future growth themes, in line with government policy directions. Major funds and public institutions participating in the Pension Fund Investment Pool will have the opportunity to pursue both investment returns and the strengthening of their public functions through contributions to this fund.

For the successful introduction of the National Growth Fund into the Pension Fund Investment Pool, Samsung Asset Management has been designing a dedicated fund structure for participating funds and public institutions from the early stages of establishing the fiscal fund-of-funds, in collaboration with Korea Growth Investment Corporation, the manager of the fiscal fund-of-funds.

At the event, Kim Myungjung, policy chief of the Ministry of Planning and Budget, explained the government's asset management policy direction for funds and the need to expand investments in innovative growth. He stated, "While maintaining the stable management posture of funds and public institutions, it is important to diversify investments across various asset classes in order to secure future growth engines. In addition to improving returns, funds and public institutions need to strengthen their public roles by participating as major investors in the innovation ecosystem, thereby contributing to economic growth and the development of the capital market."

The introduction of the National Growth Fund into the Pension Fund Investment Pool is expected to serve as an opportunity for funds and public institutions to reinforce their public roles in contributing to the development of the national economy and capital market. In particular, by linking the public sector’s medium- to long-term capital to productive finance that aligns with national policy directions through the Pension Fund Investment Pool, the fund is projected to have a significant social impact.

Shin Jaekwang, Head of the Investment Pool Division at Samsung Asset Management, stated, "The National Growth Fund will go beyond being a simple policy fund to become a new investment platform connecting the medium- to long-term profitability of pension funds with the national growth strategy. We will continue to promote related investment platforms and strive to enhance profitability and strengthen the public role of funds and public institutions by introducing additional investment products focused on public interest, such as innovative growth."

This content was produced with the assistance of AI translation services.