What Eugene Asset Management does

Eugene Asset Management (유진자산운용 주식회사) is a South Korea-based asset management company founded in 1989 (originally as Wooseong Investment Advisory) and wholly owned by Eugene Investment & Securities within the Eugene Group. The firm operates a multi-asset fund platform spanning equities, fixed income, mixed-asset funds, money market funds (MMF), real estate, special assets, derivatives, and alternative categories, with total assets under management of approximately KRW 69.12 trillion (~USD 51.4 billion) as of June 2026 across 12+ asset categories. Its largest single fund is the Eugene Champion Short-Term Bond Securities Trust at KRW 11,854 billion, and other flagship products include the Eugene Champion Public Offering & Dividend Stock 30 Fund, the Eugene Global AI Plus Securities Trust (H), the Eugene Plain Vanilla OCIO Securities Trust, and the KRX-listed Eugene Champion Mid-Term Credit Fund X Class (designated an Innovation Financial Service on 2024-11-13).

The company pursues a research-driven investment approach combining bottom-up stock selection, a multi-style bond management framework (Pure Index through Full-Blown Active), ESG-integrated stewardship, and partner-supported quantitative credit analytics (via Dune Asset Management). It employs approximately 80 investment, operations, and compliance professionals across dedicated Equity Operations, Bond Operations, ESG Research, and Compliance teams.

Revenue is generated principally through recurring management fees on AUM (typically 0.10%–1.85% annually depending on fund and share class), supplemented by advisory and discretionary investment fees and distribution commissions. The company distributes through an extensive network of 40+ Korean financial institutions — including major banks (KB, Shinhan, NH Nonghyup, IBK), 25+ securities firms, life insurers (Samsung Life, Kyobo Life, Hanwha Life) — and directly through fund.eugenefn.com, with an additional exchange-traded channel via the Korea Exchange. Customers include both retail investors (general public) and institutional clients (pension funds, insurers, corporate treasuries) served via OCIO and tailored asset-allocation mandates.

Name

Eugene Asset Management

Legal name

유진자산운용 주식회사

Website

https://fund.eugenefn.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Founded in 1989, Eugene Asset Management is a Seoul-based Korean asset manager wholly owned by Eugene Investment & Securities, operating 12+ fund categories with ~KRW 69.12 trillion AUM and serving both retail and institutional clients through 40+ financial institution partners and the Korea Exchange.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Asset Mutual Funds & UCITS (Balanced/Allocation Funds) (FSAAAJAA)

akta.pro secondary industries

Large-Cap Equity (Active) (FSAAAIAA), Quantitative/Systematic Equity (Active) (FSAAAIAL)

Keywords

• Asset management services
• Collective investment schemes
• Investment fund management
• Fixed income funds
• Equity fund management

Headquarters

HQ city

Yongdungpo

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: Eugene Asset Management generates revenue primarily through management fees charged on assets under management across its diverse fund lineup. The company operates collective investment schemes (펀드) across bond, equity, mixed, MMF, real estate, and special asset categories. Fee structures vary by fund class and type, with annual total fees typically ranging from 0.1% to 1.85% depending on the fund strategy and share class.
2. Investment Advisory & Discretionary Management: The company also conducts investment advisory (투자자문) and investment discretionary management (투자일임) services, providing tailored investment solutions to institutional and high-net-worth clients.
3. Fund Distribution & Sales Commissions: As a registered fund distributor (집합투자증권 판매업무), the company earns distribution commissions and sales fees through its network of partner banks, securities firms, and insurers. The company also distributes funds through its own website directly to retail investors.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Eugene Asset Management is a South Korean licensed asset management company (자산운용회사) that establishes and operates collective investment schemes (펀드) across equities, bonds, mixed-asset, money market, real estate, special assets, and derivatives categories. It generates revenue primarily through management fees on assets under management (KRW 6,912 billion as of June 2026), supplemented by investment advisory, discretionary management, and distribution commissions.

Product overview

Eugene Asset Management operates as an integrated asset management company offering a comprehensive suite of investment products and services. The product portfolio includes: (1) equity funds such as the Eugene Global AI Plus Securities Fund targeting fourth industrial revolution stocks globally; (2) fixed income products including the Eugene Champion Short-Term Credit Fund and Medium-Term Credit Fund (including listed X Class) with credit analysis partnerships; (3) mixed funds combining bonds with public offerings and dividend stocks like the Eugene Champion Public Offering & Dividend Stock 30 Fund; (4) OCIO services through the Eugene Plain Vanilla OCIO Fund with global asset allocation; (5) money market funds including the Eugene Champion HIT MMF; and (6) alternative investments spanning real estate, NPLs, and private equity. Core business lines encompass collective investment scheme management, investment advisory, and discretionary investment services.

Differentiator

Problem solved

Functional benefit

Products and services

• Eugene Champion Global AI Plus Securities Investment Trust (H) (Equity)

Quantifiable outcome

• Eugene Champion IPO & Dividend 30 Fund Class C delivered 77.5% return since inception (2012) through June 2026, with 27.24% return over the past year.
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core and regulatory.

• Dune Asset Management (두나무투자일임)coreTechnology or Integration · 13 November 2024Eugene Asset Management collaborated with Dune Asset Management, a fintech company specializing in credit analysis and quantitative data analytics, for the Eugene Champion Mid-Term Credit Securities Trust X Class (listed on KRX). Dune provides credit analysis and investment advisory services for the fund, contributing its data-driven credit research capabilities to identify undervalued investment opportunities in the non-financial corporate bond market. The fund received innovative financial service designation from the Financial Services Commission.
• Plain Vanilla (플레인바닐라)coreStrategic or Co-development PartnerEugene Asset Management partnered with Plain Vanilla, an OCIO (Outsourced CIO) advisory firm, to co-develop the Eugene Dignity Plain Vanilla OCIO Securities Trust (유진디딤플레인바닐라OCIO증권자투자신탁). Plain Vanilla provides global asset allocation investment advisory services for the fund, enabling Eugene to offer institutional-quality multi-asset allocation strategies to pension funds and retail investors. The fund targets optimal retirement pension management through a bottom-up approach to identifying undervalued assets.
• Korea Financial Investment Association (금융투자협회)regulatoryOthersEugene Asset Management operates under the supervision of the Korea Financial Investment Association (KOFIA), which oversees collective investment scheme operators in Korea. The company files required disclosures, regulatory reports, and fund-level information through KOFIA systems.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• KB Asset Management: Bank-affiliated asset management subsidiary of KB Financial Group with broad Korean distribution through KB Bank network. Highly comparable as a multi-strategy Korean AM with similar fund lineup across bond, equity, mixed, and alternative categories serving both retail and institutional clients.
• Samsung Asset Management: Major Korean multi-asset manager affiliated with Samsung Group's financial services cluster. Comparable in offering diversified bond, equity, mixed, and alternative funds distributed through bank and securities firm channels, competing directly with Eugene for Korean retail and institutional mandates.
• Mirae Asset Global Investments: Korea's largest asset manager with $200B+ AUM across equities, bonds, alternatives, and global mandates. Directly comparable as a multi-channel, multi-asset Korean mutual fund operator serving both retail and institutional clients, though at significantly larger scale than Eugene.
• NH Investment & Securities Asset Management: Asset management arm of NH Financial Group, distributing through NH Nonghyup Bank and NH Investment & Securities networks. Direct competitor with similar multi-asset fund offerings and overlapping distribution relationships with Korean banks and securities firms that Eugene also relies on.
• Hanwha Asset Management: Insurance-affiliated Korean asset manager under Hanwha Life, offering diversified funds with primary distribution through life insurance and securities channels. Directly comparable in business model and multi-asset strategy mix, with similar distribution emphasis on insurer relationships.
• Korea Investment Management: Asset management subsidiary of Korea Investment & Securities, one of Korea's largest securities firms. Comparable mid-to-large tier Korean AM operating collective investment schemes across bond, equity, mixed, and alternative assets with securities firm-led distribution model.
• Heungkuk Asset Management: Mid-tier Korean asset manager affiliated with Heungkuk Life Insurance, offering bond, equity, and mixed funds distributed through insurance and bank channels. Comparable in scale and business model, serving as a direct competitor for Korean retail and institutional fund mandates.
• Kiwoom Investment Management: Asset management subsidiary of Kiwoom Securities, a major Korean online brokerage. Comparable in operating as a securities-affiliated Korean AM with similar fund types; Kiwoom also serves as a distribution partner for some Eugene funds, indicating direct competitive overlap in retail segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments15 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eugene Asset Management