Korea Investment & Securities has entered a strategic partnership with Goldman Sachs Asset Management to distribute its funds across South Korea, in a move designed to strengthen access to global investment products for Korean investors.

The agreement was formalised on 5 May 2025 in New York and marks the latest step in Korea Investment & Securities’ efforts to become Asia’s most globalised investment platform. Under the memorandum of understanding, the two firms will also collaborate on fund sourcing, market intelligence sharing, and cross-staff knowledge exchange.

“This collaboration with Goldman Sachs marks the beginning of Korea Investment & Securities setting a new global standard for K-finance in the global financial market,” said CEO Kim Sung-hwan. “We will continue to proactively introduce world-class innovative financial products to support client asset growth and become the No. 1 investment company in Asia, the most globalised in Korea.”

Ronald Lee, co-head of the client solutions group in Asia Pacific at Goldman Sachs Asset Management, added that the partnership “combines Korea Investment & Securities’ expertise and strong sales network with Goldman Sachs Asset Management’s global presence, proven investment capabilities and risk management framework.”

As of Q1 2025, Goldman Sachs Asset Management had $3.1tn in assets under supervision.

The partnership is the latest in a string of global tie-ups by Korea Investment & Securities, which recently teamed up with Carlyle Group to offer CLO products in South Korea and expanded its structured credit exposure with Anchorage Capital. It also launched SF Credit Partners in New York alongside Stifel Financial to target acquisition financing and private equity loans.

Since CEO Kim took office in late 2023, the firm has more than doubled its cumulative balance of global financial products for individual investors to $8.3bn, representing 16% of its $55bn personal finance book.

Source: KED Global