Global IPO Investment, How Should Individuals Approach It? | Woori Asset Management Team Leader Jung Jiyoon [Weekend Interview]

Summary

The video discusses the difficulty Korean individual investors face in directly participating in US IPOs and introduces the Woori US Short-Term IPO Fund as an indirect solution. Host Lee Ju-ho and guest Jung Jiyoon (Team Lead at Woori Asset Management) explain the US IPO process, the current IPO cycle recovering after a lull, and the fund's strategy of holding short-term bonds and selectively participating in IPOs. The fund aims to provide stable returns with low volatility and inflation hedging.

• US IPOs are difficult for Korean retail investors due to no mandatory retail allocation.
• Global IPO market is recovering, with major IPOs like SpaceX, OpenAI, Anthropic expected in 2025-2026.
• Woori US Short-Term IPO Fund allows indirect participation by investing in short-term bonds and IPO allocations.
• Fund sells IPO shares shortly after listing to capture initial returns while maintaining low risk.
• Fund's short-term bond portfolio provides inflation hedging via floating rate instruments.
• Recommended investment horizon is 6-12 months, best entered before major IPOs.
• Korea also has large IPOs upcoming such as Musinsa and Guda Global.
• The fund is managed in partnership with Neuberger Berman.