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Truston Asset Management is an independent firm providing specialized investment management services, primarily focusing on Korean equities. The company builds and manages portfolios for clients, offering comprehensive advisory and other related investment management solutions. Its core competency lies in navigating the Korean stock market to deliver targeted returns through active management strategies.
The firm was founded in 1998 by Sung Taek Hwang, initially operating under the name IMM Investment Management. Mr. Hwang’s prior experience as Chief Investment Officer and Director of Korean Equity Management provided the foundational insight for establishing a dedicated asset management entity with deep expertise in the region's capital markets. This background shaped the firm's specialization from its inception.
Truston Asset Management serves a client base seeking robust exposure and superior performance within the Korean equity landscape. The company’s vision centers on consistently achieving high investment returns and outperforming market benchmarks. It continues to leverage its specialized knowledge to identify and capitalize on opportunities within its target market, aiming to sustain its position as a leading asset manager in the region.
Truston Asset Management has 1 tracked investment across 1 company. The latest tracked deal is $6.9M Other Equity in Furiosa AI in November 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 7, 2019 | Furiosa AI | $6.9M Other Equity | — | DSC Investment, Korea Development Bank, Sanghwan Yang |