Future Asset 'M-ROBO', Leading Innovation in the Retirement Pension Market - First Year Operating Assets Surpass 16.3 Billion

Future Asset Management’s retirement pension robot advisory service “M-ROBO” expands non-face-to-face asset management demand in the retirement pension market, posting about 16.3 billion won in operating assets and 5,341 customer accounts one year after launch

Future Asset Management said on the 17th that “M-ROBO” achieved the above performance during the one-year period from its launch in April last year to the 15th of this month. The service is aimed at individual-type retirement pension participants [IRP(], and automatically provides asset allocation and investment portfolio management support according to investment preferences, goals, and market conditions. Since retirement pensions are funds that require long-term operation, it is more important to diversify investments across multiple assets than to focus on a single product, and a robot advisor helps with this process through algorithms.

The core of “M-ROBO” combines Future Asset Management’s global asset allocation capabilities as an advantage with data-based algorithms. Based on investment portfolios that include domestic and overseas assets, it adjusts weightings as markets change; therefore, by design, even participants with limited investment experience can operate their retirement pensions in a relatively systematic manner. This also matches the trend in the retirement pension market shifting gradually from principal-protected, interest-guaranteed products to investment-oriented products.

Service promotion is carried out through collaboration with financial companies. Since April last year, Future Asset Management has been working with retirement pension operators, starting with Hana Bank, and has gradually expanded partnerships with NH NongHyup Bank, IBK Enterprise Bank, KB Kookmin Bank, and others, widening its application scope. In effect, this connects the algorithm services independently developed by the asset management company with retirement pension channels in the banking sector, and can be seen as an attempt to broaden participant touchpoints and shift retirement pension management toward a more digital-centered approach.

Future Asset Management explained that this performance shows that attention in the retirement pension market toward robot-advisory-based asset management services is increasing. Seong Tae-kyung, a representative from the channel marketing department at Future Asset Management, said that the service was planned to promote an investment-centered retirement pension asset management culture. In the future, this trend may drive retirement pension operators to expand cooperation and compete in algorithm upgrades. With aging accelerating and demand growing for older adults’ self-managed assets, the expected presence of automated, customized asset allocation services in the retirement pension market is likely to further strengthen.