Bermandividend, a global asset management company, announced on the 21st that it announced its operating results for the first half of 2024.
According to this performance announcement, Berman DB achieved performance improvement in the first half of the year, with sales increasing 28.9% compared to the same period last year.
Cumulative sales in the first half of the year amounted to $68.1744 billion (about 90 trillion won), a significant increase compared to the previous year. In particular, active funds and alternative investments that invested in high-growth industries such as life sciences, artificial intelligence (AI), secondary batteries, and aerospace played an important role in improving performance, and net profit in the first half more than doubled, the highest performance in the first half of history. achieved.
Currently, BermanDB is pursuing wind and solar power generation projects in cooperation with the Dutch energy company ‘GenYu Energetics’ starting in the second half of this year. Genyu Energetics is a company that leads new and renewable energy projects throughout Europe and operates energy facilities with a total capacity of 1,500 MW, including offshore and onshore wind and solar power plants. Through this, BermanDB plans to strengthen its eco-friendly investment sector and expand its role in ESG (environmental, social, and governance) investment.
The company said it has responded flexibly to market volatility by investing in global index products using passive strategies. In particular, expansion of investment in the Asian market is expected to be an important factor in improving performance in the second half of the year.
In addition, looking at performance by sector, high-growth active funds and technology-type growth funds led the performance increase. Technology-type growth funds manage risks by investing in innovative technologies and high-growth industries, while high-growth active funds focus on the 4th industry. expanded its customer base in the global market.
“The synergy between core fund products and new funds contributed greatly to the performance in the first half of the year,” said James Hayden, portfolio manager at BermanDB. “We will further improve performance in the second half through a portfolio rebalancing strategy that reflects various sectors and benchmark indices.” “We will strengthen it,” he said.
An official said, “Currently, BermanDB is expected to continue its current performance upward trend in the fourth quarter, and plans to increase the speed of sales growth thanks to increased investment in the global market and the launch of new fund products.”
Source: www.nextdaily.co.kr
