Conceptualized at the conclusion of the Hanoi Conference on 23 April 2012, co-hosted by ADB, Viet Nam's Finance Ministry, and Korea Asset Management Corporation (KAMCO), the International Public Asset Management Company Forum (IPAF) was formally launched on 27 May 2013 through the initiative of seven (7) public Asset Management Companies (AMCs) from the People's Republic of China (PRC), the Republic of Kazakhstan, the Republic of Korea (KOR),Thailand, and Viet Nam as founding members.
- China Cinda Asset Management Co., Ltd. (PRC)
- China Great Wall Asset Management Corporation (PRC)
- China Huarong Asset Management Co., Ltd. (PRC)
- Korea Asset Management Corporation (KOR)
- Sukhumvit Asset Management Co., Ltd. (Thailand)
- Vietnam's Debt and Asset Trading Corporation (Viet Nam)
- Joint Stock Company "Fund of Problem Loans (Kazakhstan)
IPAF was established to provide opportunities for collective actions to address regional economic issues through knowledge sharing and partnership development among its members. To date, IPAF has 14 member institutions. (MEMBERS' PROFILES)
IPAF aims to reinforce the regional asset management companies through capacity building in the form of Annual Summits and Conferences, training courses and preparation of research papers.
The vision of IPAF shall be to reinforce an economic safety net for the wellness of the Asian people and their governments.
The primary mission of IPAF shall be to contribute to the stability of local and regional economies by promoting cooperation and partnership and sharing knowledge and expertise among member public AMCs. Through mutual cooperation among members, IPAF shall strengthen crisis response mechanisms in order to promote a more resilient regional economy.
The Charter set out the proposed Forum's vision, mission, and legal personality,among others. IPAF aims to develop an economic safety net for the wellness of the people and their governments in the region. Its primary mission is to contribute to the stability of local and regional economies by promoting cooperation and partnership, and sharing knowledge and expertise among its members. Through mutual cooperation, IPAF shall strengthen crisis response mechanisms in order to promote a more resilient regional economy. Read more