Type Joint venture Key people Choi Bhang-Gil, CEO Founded 1996 | Industry Finance Headquarters Seoul, South Korea Parent organization Shinhan Financial Group | |
Revenue Won ₩21,085 billion(2006) Operating income Net income Won ₩11,037 billion(2006) | ||
Shinhan BNP Paribas Asset Management (신한 BNP Paribas 자산운용 in 한글) is an asset management company headquartered in Seoul, Korea. It is a joint venture between Shinhan Financial Group and the French financial group, BNP Paribas. In January 2009, the company was created when Shinhan BNP Paribas Investment Trust Management and SH Asset Management merged. Shinhan BNP Paribas Investment Trust Management was created in 1996 as Shinhan Investment Trust Management and in 2002, the name changed to Shinhan BNP Paribas when BNP Paribas acquired a 50% stake.
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As the first CEO of Shinhan BNP Paribas Asset Management, Choi Bhang-Gil was appointed on January 2, 2009. Prior to joining Shinhan BNP Paribas, Choi was deputy CEO of SH Asset Management.
Shinhan BNP Paribas Asset Management has now more than 187 employees and more than KRW 34 trillion of assets under management (AUM) as of July 2009.
Brief history
The name is changed to Shinhan BNP Paribas Investment Trust Management.
Product and services
Shinhan BNP Paribas offers a wide range of products, including :