Korea Investment & Securities (KIS) released the “Global Wealth Management” (GWM) premium financial service, targeting super-rich customers with financial assets worth more than 10 billion won, the company said on Feb. 20.
GWM Family Office is an integrated asset management service catering to business tycoon families.
Around 10 GWM clients have been designated every year and offered comprehensive solutions tailored to their needs by expert groups specializing in areas such as financial investment, real estate and tax.
Special events targeting GMW Family Office will take place.
Conferences on corporate management and succession will be regularized while private events in areas of concern, such as art and golf will take place.
Ryu Jong-woo, head of Korea Investment & Securities’ Research Center, explains about asset allocation strategies at a dinner event welcoming GWM family member customers at Josun Palace Hotel in Gangnam, Seoul, on Feb. 16.
Life care services will be offered in cooperation with law, arts and prominent brand partners.
On Feb. 16, a dinner event designed to welcome GWM family member customers was held at Josun Palace Hotel in Gangnam, Seoul.
In his speech at the event, KIS President Jung Il-moon said, “We’ll release defined and differentiated asset management services covering financing and non-financing sectors so super-rich asset customers’ diverse needs can be satisfied.
KIS Lists 318 ELWs
Korea Investment & Securities (KIS), a subsidiary of Korea Invest Holdings, listed 318 new equity-linked warrants numbering from 57J285 to 57J602, the company said on Feb. 17.
ELWs are instruments that give the holder the right, but not the obligation, to buy or sell an underlying asset at a set price on or before an expiration date.
If you predict a rise or decline in basic assets, you could buy a call ELW and a put ELW, respectively, to earn profits regardless of market conditions.
They break down to 107 ELWs based on KOSPI 200 and KOSDAQ 150 and 211 ELWs based on stocks, such as Samsung Electronics, LG Energy Solution and SK Hynix.
Trading ELWs is required to receive investment trend diagnosis and prior investment education.
New clients have to put at least 15 million won in basic deposit money.
KIS Receives Subscription of 2 Exchange-Linked Securities Targeting BanKIS Member Customers
Korea Investment & Securities (KIS), a subsidiary of Korea Invest Holdings, announced a plan to invite public participation in two exchange-linked securities targeting KIS account “BanKIS,” KIS said on Feb. 15.
“TRUE ELS 15744” is an instrument with a maturity of three years based on basic assets: Tesla, a U.S. EV car maker, and NVIDIA, a chip company.
The holder has the right to decide whether to make an early prepayment every six months.
If share prices of the basic assets surge 85 percent in six months, 80 percent in 12 months, 75 percent in 18 and 24 months, 70 percent in 30 months and more than 65 percent on an expiration date, compared to reference prices, he or she will earn an annual average of 23.7 percent in profit.
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