Your Trusted and
Responsible
Global Investment
Partner

We are a comprehensive asset management company that provides various investment products such as Equity, bonds, overseas, real estate, infra, ETF and total solutions.

mob Trusted and Responsible
Global Investment Partner

We are a comprehensive asset management company
that provides various investment products such as Equity, bonds,
overseas, real estate, infra, ETF and total solutions.

The Largest Network

Digital Finance

NH Thinking 100 Years Ahead

NH Financial Group goes beyond

the Korean border to become Asia's no.1

NongHyup Financial Group

Europe's No.1

Global TOP10

Responsible Asset Manager

the best asset manager in Europe

Amundi

NH, the largest network in Korea and Amundi, Europe's no.1 have joined hands.

To respect customers and to be trusted by customers

NH-Amundi

With our customers,
With the world,
NH-Amundi is
your reliable partner
by your side.

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AUM

57.4 trillion KRW

Industry Ranking by AUM

7th

Company Establishment

January 28, 2003

Assets Under Management

Unit: Trillion KRW

Graph of the size of operating assets Graph of the size of operating assets
2003
3.9
2014
16.9
2016
27.3
2018
34.5
2019
43.3
2020
44.9
2021
47.9
2022
50.4
2023
54.8
2024
57.4

* As of the end of 2024

Product Composition Status

Unit: Trillion KRW

Construction status graph by product Construction status graph by product
Domestic Bonds
21.6(37.6%)
MMF
12.2(21.3%)
Alternative Investment
8.2(14.2%)
Domestic Equity
6.8(11.8%)
Overseas Investment
6.8(11.8%)
Derivatives
1.2(2.1%)
Balanced
0.7(1.2%)

* Assets Under Management (AUM) as of the end of 2024 : Based on total discretionary contracts, private and public funds.
This information is based on the time of the investment advertisement and may differ in the future.

Vector icon
Photograph of the CEO Photograph of the CEO

Jung-Sup Gil
CEO of NH-Amundi Asset Management

Signature of CEO

A Message from the 11th CEO of
NH-Amundi Asset Management

Dear Valued Customer,

Welcome to NH-Amundi Asset Management!

With the support of our clients and shareholders, we grew successfully as a global joint venture asset manager to rank seventh in the industry with an AUM of 60 trillion won.

NH-Amundi Asset Management was established in 2003 as a model of global collaboration by Korea's Nonghyup (NH) and the French Credit Agricole (CA) based on the spirit of the cooperatives with the common goal to serve the farmers and the agricultural industry.

We were able to live up to the expectations of bo1th shareholders while putting our clients first and concentrating all our capabilities to ensure a sustainable growth with our clients.

I believe that the first and foremost role expected from an asset managing company would be to think from a client's perspective, generate stable profits, and return those profits to satisfy clients.

We at NH-Amundi will provide the best products and investment services based on outstanding management capabilities and differentiated competitiveness to meet your needs.

We will also make best use of the NH Financial Group's network which is the largest in the country as we learn from Amundi's culture and its advanced management capabilities that make Amundi the number one asset management company in Europe and number 10 globally to explore new investment opportunities and strengthen cooperation.

We will ensure all our businesses are stable by implementing a preemptive risk management and thorough internal control system.

In a market environment that constantly changes, we at NH-Amundi promise you to be your trustworthy global investment partner.

Korean flag

NH Financial Group
Shareholding ratio 60%

Domestic No. 1
in Deposit with NH
Mutual

Approximately 703 trillion KRW
NH Bank approx. 305 trillion KRW
NH Mutual approx. 398 trillion KRW

Domestic No. 1
in number of branch
offices with NH Mutual

6,200 branches
NHFG 1,332
Regional offices 1,113
Branch offices 3,775

NHFG Domestic
No. 3 in total assets
(on a consolidated basis)

Approximately 550 trillion KRW

French flag

Amundi
Shareholding ratio 40%

Total Assets
Under Management

Approximately
2,597 trillion KRW

Global Network with
Presence in 35 Countries

As of September 2022

History

Development Period 2003 ~ 2014

Establishment of Fund Lineup
and Securing Growth Drivers

  • 2003.01

    • Joint venture between NongHyup Central Cooperative and CA Asset Management
    • Launched as NongHyup CA Investment Trust Management

  • 2003.08

    • First Launch of Domestic Equity Fund (First tax-exempt long-term equity fund)

  • 2007.08

    • Company name change from NH CA Trust Management to NH-CA Asset Management

  • 2009.06

    • Launched Korea's First Public Leverage Fund

  • 2010.01

    • Credit Agricole Asset Management Relaunched as Amundi Asset Management

  • 2012.03

    • Separation of Credit and Economic Divisions of NongHyup National Agricultural Cooperative Federation
    • Launch of NongHyup Financial Group

  • 2014.09

    • Launched Korea's First 10-Year Index Fund

Growth Period 2015 ~

Expansion into
New Businesses
and Diversification
of Fund Lineup

  • 2015.10

    • Start of Alternative Investment Business

  • 2016.05

    • Company name change from NH-CA Asset Management to NH-Amundi Asset Management

  • 2017.07

    • Amundi Asset Management's acquisition of Pioneer

  • 2018.03

    • Launch of HANARO ETF

  • 2018.11

    • Launch of Private Hedge Fund

  • 2018.12

    • Adoption of Stewardship Code

  • 2019.06

    • Launch of HANARO TDF

  • 2019.08

    • Launch of Victorious Korea Fund

  • 2021.03

    • Establishment of ESG Promotion Committee and Announcement of ESG Vision 'ESG First'

  • 2022.03

    • Launch of Good Earth OCIO Asset Allocation Fund

  • 2023.06

    • Launch of Signature OCIO Fund

Your Trusted and
Responsible
Global
Investment Partner NH-Amundi
Asset Management

Summary Balance Sheet

Unit : Million KRW

Summary Balance Sheet : Category(Total Assets, Total Liabilities, Total Equity, Capital), End of 2024, End of 2023, End of 2022
Category End of 2024 End of 2023 End of 2022
Total Assets 162,972 150,195 143,220
Total Liabilities 22,842 20,600 20,895
Total Equity 140,130 129,595 122,325
Capital 40,000 40,000 40,000

Summary Income Statement

Unit : Million KRW / Period : January 1 – December 31

Summary Income Statement : Category(Operating Revenue, Operating Expenses, Operating Income, Net Income), End of 2024, End of 2023, End of 2022
Category End of 2024 End of 2023 End of 2022
Operating Revenue 92,492 86,309 85,480
Operating Expenses 55,689 50,796 49,441
Operating Income 36,803 35,513 36,039
Net Income 29,998 26,555 26,585