Association of Investment Management Companies

Background

In late 1993, eight securities companies with fund management licenses together with seven finance and securities companies jointly established "Association of Investment Management Companies (AIMC).” On May 10, 1994, AIMC was registered and licensed as an association relating to and representing investment management industry by the Office of the Securities and Exchange Commission (SEC). AIMC is a non-profit organization supported by its members, which are securities companies licensed to run asset management business.

At present, AIMC members are asset management companies in three business groups comprising mutual fund business, private fund business, and provident fund business. Each business group’s committee serves the respective business operations of its member companies in line with the objectives and with adherence to business ethics. Each also has its representative appointed to sit on the Board of Directors of AIMC for the overall industry involvement.


As of June 3, 2008, AIMC has strength of 29 member companies, involving 62 licenses under the three business groups.