Pint AI Investment Achieves ₩420 Billion AUM
December & Company, which operates the AI-based simple investment service 'Fint,' is attracting market attention by recording overwhelming growth in the domestic stock AI investment sector. Fint announced on the 13th that its Korean stock A...
December & Company, which operates the AI-based simple investment service 'Fint,' is attracting market attention by recording overwhelming growth in the domestic stock AI investment sector. Fint announced on the 13th that its Korean stock AI investment assets under management (AUM) surged sixfold from 8.5 billion won at the beginning of the year to surpass 54.3 billion won in approximately 10 months. This played a crucial role in the overall AI investment AUM reaching 422.5 billion won, marking a 56% growth compared to the beginning of the year.
As the stock market has recently shown significant bullishness, individual investors' stock trading has become more active, leading to an expanding inflow of funds into robo-advisor services where AI performs the entire process from portfolio construction to operation.
Fint's core competitive edge, the 'Korean Stock Solution,' is based on 'ISAAC,' an AI investment engine independently developed by December & Company. This solution meticulously analyzes approximately 2,500 stocks listed on the Korea Exchange to identify those with high growth potential. It selects undervalued stocks through technical and fundamental analysis, and automatically constructs and rebalances portfolios to align with each investor's tendencies and changing market conditions, aiming for optimal investment.
The technological prowess of Fint's AI investment is proven by its excellent returns. The 'December Korean Stock Solution (Aggressive Investment Type),' listed on the Koscom RA Testbed, achieved remarkable results as of November 12th, with a 1-year return of 53.9% and a 2-year return of 95.36%. Based on this trust, the number of Korean stock management accounts has increased by approximately 4.6 times, from 870 at the beginning of the year to about 4,000 currently, and the average asset per managed account also grew from 9.78 million won to 13.48 million won.
Song In-sung, CEO of December & Company, stated, "The strong domestic stock market has served as an opportunity to increase individual investors' interest in robo-advisor services," adding, "Fint will establish itself as a trustworthy asset management partner that helps everyone continue investing conveniently and efficiently."
Meanwhile, since launching its AI discretionary investment service in 2019, Fint has been providing AI-based discretionary investment and advisory services across various investment areas including stocks, ETFs, bonds, as well as pension savings, individual retirement pensions (IRP), and individual general asset management accounts (ISA), thereby leading the popularization of asset management.
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