iM Financial Group is partnering with the U.S. asset management giant AllianceBernstein (AB) to strengthen the competitiveness of its exchange-traded funds (ETFs) and wealth management (WM) products.
On October 1, iM Financial Group announced that Chairman Hwang Byeong-woo met with AllianceBernstein President Onur Erzan last month in New York to discuss expanding cooperation across various financial services, including ETFs and wealth management.
Both parties agreed to broaden their collaboration to include income solutions tailored to different life stages, among other areas in wealth management.
iM Financial Group is expanding its financial network through its key subsidiaries, including iM Bank, which has transitioned to a commercial bank, iM Securities, and iM Asset Management.
Chairman Hwang stated, "AllianceBernstein is a leading asset management firm with global investment capabilities and a vast network. By combining our strengths, we can enhance the diversity and uniqueness of iM Financial's product lineup and upgrade our customer service."
* This article has been translated by AI.
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