Jae-Chun Ryu

Heungkuk Asset Management Co., Ltd. (Hungkuk AM) is the investment management subsidiary of the LEE Im-Ryong family-owned Hungkuk Securities Co., Ltd. in South Korea. The firm was founded in 1999 as Taekwang Investment Trust Management Co., Ltd. Headquartered in Seoul, Hungkuk AM manages pension funds and mutual funds for individual and institutional investors.

Hyundai Investments Co., Ltd. is the wholly-owned investment management subsidiary of Hyundai Marine & Fire Insurance Co., Ltd. (KRX: 001450) in South Korea. Founded in 2000, the firm is headquartered in Seoul and provides asset management services to individual and institutional investors.