Can you give us a brief background on Daehan Securities and your corporate structure within the Hana Financial Group?
Daehan Investment & Securities is primarily involved in traditional fund distribution and amongst securities firms is the largest distributor of offshore funds in Korea as well as the proprietor of Korea’s oldest asset management firm, Daehan Investment Trust Management Company. In June last year Hana Bank acquired Daehan Securities, which had previously been government controlled, and in December the bank and its affiliates were reorganised under the newly-created Hana Financial Group. Combined, Hana Bank, Hana Securities and Daehan Securities have close to 700 retail branches countrywide. • What is your current AUM? Daehan Securities’ AUM is approximately US$18 billion and that of the Hana Financial Group over US$100 billion. • What is your scope of operations? The “Prime Marketing Team”, which I am a part of, works with our institutional clients to identify appropriate alternative investments. Often these funds, be they hedge funds or structured products, will be packaged in an onsh