ACCLAIM | WEALTHBRIEFINGASIA RECOGNISES LEADERS ACROSS THE GLOBAL WEALTH MANAGEMENT INDUSTRY
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Building Korea’s Leading Multi-Family Office Ohad Topor Founder and Chairman TCK Investments
Winner • Multi-Family Office, Private Bank or External Asset Manager (South Korea)
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CK is an independent multi-family office dedicated to managing investments for a select group of private wealth clients in Korea, including some of the best-known Korean business leaders, families and companies. Founded by Ohad Topor in 2011 with additional invaluable guidance from Howard Marks (Oaktree Capital’s Co-Founder). Topor was a pioneer in Korea, establishing TCK as the first foreign-owned independent multi-family office with a vision to build a state-of-the-art private wealth management program for Korean clients dedicated to global investments. Over the years, TCK built an outstanding track record, adding clients selectively and growing to become the undisputed leading multi-family office in Korea consistently producing exceptional investment returns for our clients. How do you intend to remain on the front foot and continue to set a high standard? We are relentless in our global quest for exceptional returns for our clients. After spending the past 12 years building a superb track record of investments in public markets, we have expanded to include our flagship offering in private markets. This is a milestone step, that we expect to drive growth in client returns over the next 10 years and more. TCK has recently expanded its private asset investment activity alongside longstanding partners. Together we designed a multi-asset solution that fits all the requirements of our Korean clients. Just like our existing offerings, our focus remains on optimal diversification and efficient operations. In what ways were you able to deal with challenges and problems this time around? What lessons have you learned? There has been no shortage of volatility in markets since we started managing investments in 2013. We realised early on that, in order to build lasting partnership with our clients, we had to focus on reliable solutions that could stand the test of time. In a world flooded with fast-moving information and constant market developments, we’ve trained ourselves to avoid overreacting at every market turn. This
patient approach led our portfolio to outperform peers consistently over time, including most recently in 2024 and so far in 2025. This same mindset guided the development of our expanded private markets investment program. We spent a full year designing a solution tailored to the needs of our Korean clients – really thinking in decades, not in quarters. Given the inherent illiquidity of private markets, it was even more important to build a robust program without getting distracted by short-term trends. This puts us on equal footing with our clients from the onset. Whom to look for, either inside or outside your business, for ideas and inspiration? We continuously draw inspiration from our clients, many of whom are leading entrepreneurs and business figures across Korea’s most dynamic industries. While most do not come from financial backgrounds, they share a remarkable ability to grasp complex global trends, and make key decisions with a strategic mindset. For example, all our clients have a clear understanding of the need to diversify beyond domestic borders, and embrace the merits of a long-term global portfolio. In the 35-year period from 1990 until the end of 2024, an investment in the local Korean equity market returned less than 5x measured in Korean Won, compared to over 20x for a globally-diversified multi-asset portfolio of stocks and bonds. What will winning this award do for your business & colleagues? Having earned this award both in 2024 and 2025 affirms our vision and the recognition that we built the best multi-family office in Korea. It also stands as a proud testament of our team’s dedication and client loyalty. Although our clients already know well our reputation, the award further enhances TCK’s credentials as the preeminent investment firm in Korea, reconfirming their confidence. This gives us visibility to my wider mission to bring state-of-the-art investment principles to Korea, providing perspectives and ideas that the wider Korean public can also use. I hope to keep contributing how I can to the financial betterment of this great nation.