RYUKYUNGPSG Asset Management

RYUKYUNGPSG Asset Management (Korean: 유경PSG자산운용 주식회사) is a South Korean asset management company that describes itself as a differentiated comprehensive asset manager combining efficient asset management through a strong team of specialists with transparent management. According to its official website, the firm was established in 1997 and reports roughly 29 years of operating history, approximately KRW 650 billion in assets under management, 27 investment and operations staff, and KRW 11 billion in capital. Its business spans both securities and alternative assets, with dedicated divisions for equity management, venture investment, real estate investment, and global management. The equity management division pursues a "Quantamental" strategy that combines quantitative approaches with fundamental analysis, aiming to outperform its benchmark consistently each year. The venture investment division invests in new and existing shares of growth-oriented venture companies through a specialized network and systematic research, and also seeks alpha by subscribing to initial public offerings using available cash. The real estate investment division acquires commercial real estate and similar assets to secure stable rental income and potential capital gains from appreciation. The global management division uses macro analysis to access a range of global investment assets and strategies. Beyond discretionary securities mandates, the firm is known for managing publicly offered real estate investment trusts. In particular, it manages Yukyung Publicly Offered Real Estate Investment Trust No. 3, which acts as the landlord for large-format hypermarket Homeplus locations in Ulsan, Gumi Gwangpyeong, and Sihwa. The firm's public disclosures include quarterly asset management reports for its public funds, such as the Yukyung PSG Good Thinking Asset Allocation-Type Securities Investment Trust (mixed equity type) and Yukyung Publicly Offered Real Estate Investment Trust No. 3. The company's history includes significant real estate transactions involving Homeplus stores. In 2016 it purchased five Homeplus stores from MBK Partners for KRW 680.1 billion, and in December 2021 it sold five Homeplus stores — Dongdaemun, Gimhae, Gimpo, Buksuwon, and Gajwa — to a consortium of Mirae City Development, Lotte Engineering & Construction, and IBK Investment & Securities for a total of KRW 725 billion. The firm remains active, publishing notices and fund reports on its website.

RYUKYUNGPSG Asset Management was established in 1997, according to its official website, giving it roughly 29 years of operating history as of the mid-2020s. The firm built its business around both securities investment and alternative assets, including real estate, and organizes its operations into equity management, venture investment, real estate investment, and global management divisions. A major development in its real estate business came in 2016, when it purchased five Homeplus stores from MBK Partners for KRW 680.1 billion. These assets were held through publicly offered real estate investment trusts, including Yukyung Publicly Offered Real Estate Investment Trust No. 3, which serves as the landlord for Homeplus locations in Ulsan, Gumi Gwangpyeong, and Sihwa. In December 2021, the firm sold five Homeplus stores — Dongdaemun, Gimhae, Gimpo, Buksuwon, and Gajwa — to a consortium consisting of Mirae City Development, Lotte Engineering & Construction, and IBK Investment & Securities for a total of KRW 725 billion. This transaction marked a significant exit in its real estate portfolio. The company continues to manage public funds and publish regulatory disclosures. Its website lists quarterly asset management reports for funds such as the Yukyung PSG Good Thinking Asset Allocation-Type Securities Investment Trust (mixed equity type) and Yukyung Publicly Offered Real Estate Investment Trust No. 3, covering periods in 2026. The firm reports approximately KRW 650 billion in assets under management, 27 investment and operations staff, and KRW 11 billion in capital.

• 2021

  Sold five Homeplus stores (Dongdaemun, Gimhae, Gimpo, Buksuwon, Gajwa) to a consortium for KRW 725 billion.

• 2016

  Purchased five Homeplus stores from MBK Partners for KRW 680.1 billion.

• 1997

  Company established.

A differentiated comprehensive asset manager combining specialist teams, efficient asset management, and transparent management across securities and alternative assets.

• Yukyung Publicly Offered Real Estate Investment Trust No. 3

  A publicly offered real estate fund acting as landlord for Homeplus Ulsan, Gumi Gwangpyeong, and Sihwa stores.

• Yukyung PSG Good Thinking Asset Allocation-Type Securities Investment Trust (mixed equity type)

  A publicly offered mixed-equity securities investment trust.

1. 1RYUKYUNG PSG official websiterkpsg.com
2. 2RYUKYUNG PSG company pagerkpsg.com
3. 3Wikidata: RYUKYUNGPSG Asset Managementwikidata.org
4. 4유경PSG자산운용 - Wikipedia (Korean)ko.wikipedia.org