NH-Amundi Asset Management is a comprehensive asset manager based in Seoul, formed as a joint venture between NongHyup Bank and Amundi. Operating from the 10th floor of the Nonghyup Jaedan Building, the firm serves institutional and retail clients with a broad suite of investment vehicles, including equities, fixed income, overseas assets, real estate, infrastructure and exchange-traded funds under the HANARO ETF brand. With combined resources of a major South Korean bank and Europe’s leading asset manager, NH-Amundi integrates global research and local market insights to deliver tailored portfolio solutions.
The firm’s strategies emphasize sustainable growth and responsible investment. NH-Amundi offers equity, bond, mixed-asset and indirect investment funds, alongside specialized theme funds addressing defense in Europe, global space and aviation, Korean materials and nuclear energy. Its Green Korea Fund was the first public ESG-certified offering in Korea, and target date funds support retirement planning through asset allocation across market cycles. Clients can access investment reports and video insights via NH-Amundi TV, while fund calculators and pick lists aid decision-making.
NH-Amundi plays an active role in financing clean technology and the battery sector. It allocates capital to renewable energy generation—wind, solar, hydro and biogas—and supports energy transition infrastructure and green funds. Through its affiliation with Amundi’s global energy platform and partnerships in biomass and solar, the company backs next-generation battery technologies and projects that enhance energy efficiency. Though specific portfolio names are proprietary, NH-Amundi’s growing ESG assets, now exceeding USD 2.5 billion, underscore its commitment to low-carbon initiatives and to supporting the development of a stronger secondary battery supply chain in South Korea.
