About Shinyoung

SHIN YOUNG means “Through investors’ faith, we grow”. It is in our DNA to put investors’ interest foremost.
Established in 1996 with seed capital of USD30mn, Shinyoung has posted 22 consecutive years of profits, and in the process,
has become the most seasoned asset manager for value investments in Korea.
Shinyoung has 28 investment professionals and over USD13.2bn in assets under management.
Shinyoung’s key investment professionals averages tenures of 15 years, testifying to the firm’s tried and true management beliefs and philosophies.

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History
Organization
Key Investment Professionals

Shinyoung boasts the industry’s longest management tenure, with senior managers having worked together for over 10 years.

  • Namkwon Huh - Chief Executive Officer & Chief Investment Officer

    Mr. Huh holds both CEO and CIO roles, and has 25 years of experience in the asset management industry.
    Mr. Huh’s investment career began at Shinyoung Securities’ wealth management and sales divisions where he
    discovered the potential of value stocks in Korea market, and later joined Shinyoung Asset Management in 1996.
    He has been a value investor ever since and has been a visionary leader of Shinyoung Asset Management.
    Mr. Huh has been nominated as Korea’s best fund manager numerous times during his tenure at the firm.
    Mr. Huh holds a B.A. in Public Administration from Korea University.
  • Daehwan Kim - Equity Department & Dividend Value Division

    Mr. Kim has started his investment career and stayed with Shinyoung Asset Management from 1999.
    Daehwan, coupled with Mr. Huh and the senior managers below,
    built a cornerstone together to settle long term value investing in Korea.
    He is now directing the Equity Department & Dividend Value Division
    in which he oversees value and dividend stock portfolios.
    Mr. Kim holds B.A. in Economics from Seoul National University.
  • Jooyoung Won - Marathon Value Division

    After 17 years of of value investing at Shinyoung, Ms Won is still wholeheartedly positive about value stocks
    in Korea and their future role in asset allocation. She now manages the flagship value funds; Marathon and
    Marathon Mid Small cap. Her Mid Small cap portfolio started from 2001 when she began to manage
    a discretionary account. Her approach is truly bottom-up, resulting in more balanced view of Korean equity market.
    Thanks to her contribution, Shinyoung has gained expertise in value stocks with wider scope irrespective
    of market size. Jooyoung graduated from Ewha Womens University and Ewha Law School.
Assets Under Management
Corporate Information

> Shareholders

Shareholders
Name of Company Holdings
Shinyoung Securities 85.9%
KoreanRe Reinsurance 9.4%
Seoul Guarantee Insurance 4.7%

> Balance sheet

Balance sheet
FY2013 FY2014 FY2015 FY2016 FY2017
Total Assets 94.3 100.1 107.5 114.6 124.02
Total Liabilities 4.4 6.2 5.3 5.3 6.63
Capital 30.1 26.9 28.1 28.6 28.7
Total Capital 89.9 93.9 102.2 109.3 117.4

(Units: USDmn)

> Income Statement

Balance sheet
FY2013 FY2014 FY2015 FY2016 FY2017
Operating Income 27 37.5 50 41.3 43.91
Operating Expenses 8.2 9.8 11 11.2 12.77
Operating Profit 18.9 27.7 30 30.1 31.15
Net Profit 15.2 21.7 23.5 23.5 24.45

(Units: USDmn)

> Key Financial Ratios

Key Financial Ratios
FY2013 FY2014 FY2015 FY2016 FY2017
ROE 17.6 25 23.5 22.0 21.0%
Shareholder Equity Ratio 95.4 93.8 94.9 95.4 94.7
Debt Ratio 4.8 6.6 5.2 4.8 6.0

(Units: %)

*Source : Korea Financial Investment Association
*Currency rate : Mar 31, 2014 (KRW1,062.5 = USD1.00) / Mar 31, 2015 (KRW1,110.5 = USD1.00)
                              / Mar 31, 2016 (KRW1,140.5 = USD1.00) / Mar 31, 2017 (KRW1,118.5 = USD1.00) / Mar 31, 2018 (KRW1,112.7 = USD1.00)