Search results for Timefolio Asset Management
Finance
36 trillion won wiped out in a month as domestic ETF net assets stumble
Net assets in South Korea-listed exchange-traded funds stood at 424.7 trillion won as of Oct. 21, down 36.4 trillion won from Sept. 22, data from Korea Securities Depository’s SEIBro showed. Net assets rebounded by about 5.8 trillion won in a day on Oct. 21 but remained more than 36 trillion won below a month earlier. Samsung Asset Management and Mirae Asset Management posted the largest declines, while outflows were notable from semiconductor, AI and leveraged ETFs.
AI & Enterprise
Enhans raises 51.2 billion won in Series C to upgrade AgentOS
Enhans, an enterprise agentic AI company, said on Sept. 17 it raised 51.2 billion won in a Series C funding round, taking its total funding to 81.0 billion won. The round was co-led by existing shareholder Timefolio Asset Management and new investor Stonebridge Ventures. POSCO Technology Investment, LG CNS and Lotte Ventures also joined as new shareholders. Enhans said it will use the funds to upgrade AgentOS data, process and execution infrastructure.
Finance
Korea ETF market nears 466 trillion won as asset managers compete more fiercely, internal controls in focus
South Korea’s listed exchange-traded fund market is expanding rapidly, intensifying market-share competition among asset managers. Total net assets stood at 465.98 trillion won as of May 12, with 1,108 ETFs listed. Samsung Asset Management led with 39.64 percent, followed by Mirae Asset with 31.69 percent. Mid-tier firms are focusing on active and theme-based ETFs. Regulators are also reviewing some ETF advertisements for potential internal-control lapses.
