Jung-Chul Lee

Woori Asset Management Co., Ltd. (Wooriam) is the investment management subsidiary of Kiwoom Securities Co., Ltd. (SO: 039490) in South Korea. Founded in 1988 as Lucky Investment Advisory Services, the firm became a subsidiary of Woori Financial Holdings (NYSE: WF) in 2004 and merged with Woori Investment Trust Management in 2005. They were renamed Woori Crédit Suisse Asset Management in 2006 when Crédit Suisse acquired a minority stake and formed a joint venture with Woori Financial Holdings as the majority shareholder. In 2009 Crédit Suisse sold their interest back to Woori and the firm became Woori Asset Management Co., Ltd. In 2014 they became the wholly-owned subsidiary of Kiwoom Securities Co., Ltd. Wooriam is located in Seoul and provides investment trust and asset management services to South Korean high-net worth individuals, institutions and retail investors. They manage mutual funds with investment in Eastern Europe, Latin America, the US, China and Japan. They specialize in sector funds, hedge funds, retirement funds and blue-chip funds.

VI Asset Management Korea Co., Ltd. (VI AMC Korea) is the Korean investment management subsidiary of VI Asset Management Co. Ltd. in Hong Kong. The firm was founded in 1989 and formerly known as HI Asset Management Co., Ltd. Headquartered in Seoul, VI AMC Korea provides asset management and investment advisory services, as well as discretionary management and securities services for high-net worth individuals, institutions and retail investors.