Mirae Asset has been drawing keen attention from investors as its new-type funds dubbed “Global Consumer Funds,” have generated decent returns despite sluggish financial markets.
Mirae Asset Global Investments said Monday that global funds under its management increased to over 200 billion won this year, totaling 1.56 trillion won, more than half of all assets managed by domestic firms.
Mirae Asset Global Investments is the nation’s pioneer in the international asset management business, which is a key unit of the Mirae Asset Financial Group.
In the macho world that is the finance business, the quintessential image of the successful corporate leader has become similar to the stereotypical football coach: A tie-wearing hothead who barks out orders and runs a dictatorship in the boardroom.
Mirae Asset Global Investments is pleased to announce that as of 26th March, it will commence operations post its merger with Mirae Asset Maps Global Investments, its sister company specialized in alternative investments.
Mirae Asset Global Investments (Hong Kong) Limited (“Mirae
Asset”) today launched seven new Exchange Traded Funds (ETFs) in its Mirae Asset TIGER
ETF Series to help investors target their investments in Asian sectors and global consumer
Mirae Asset Global Investments Group (“Mirae Asset”) is pleased to announce that it has today become the majority shareholder of Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”). In the transaction, which had a closing price of approximately C$127.5 million (US$126.1 million), Mirae Asset acquired an ownership stake of approximately 85% in Horizons ETFs, which had until recently been known as BetaPro Management Inc.
Mirae Asset Global Investments is hosting the Global Hedge Fund Forum today, the firm's first conference on the investment method that will be allowed here later this year.
In the world of finance, controlled by such juggernauts as Goldman Sachs and Nomura Securities, Mirae Asset Financial Group Chairman Park Hyeon-joo is trying to throw down the gauntlet.
Mirae Asset Financial Group, Korea’s leading mutual fund manager, said Sunday it has signed a deal to acquire a controlling stake in a Canadian asset manager as it pushes to expand overseas.
Mirae Asset Private Equity Fund (PEF) and Fila Korea, a casual clothing maker, emerged as winners to purchase the world’s top golf ball brand Titleist in a bidding contest against Blackstone, a leading asset management firm, and Adidas, the largest sports goods manufacturer in Europe.
Taiwan Life Insurance Co (台灣人壽) has inked a deal to sell a 60 percent stake in its asset management unit to a larger South Korean firm, Mirae Asset Global Investments Co, in the hope the alliance will boost its know-how, scale and earnings, the insurer said in a statement yesterday.
Mirae Asset Financial Group donated 8.15 billion won ($6.7 million) over the past year, becoming the industry’s top charitable contributor, the Financial Services Commission said Sunday.
Mirae Asset is a young and fast-growing company ― it was founded 10 years ago, and the eldest of its 78 executive managers is only 51 years old. The firm wants to keep its youthfulness and high spirit into the next 10 years as well, even though it is no longer a small venture company.
Harvard business school has picked a Korean financial group and its founder for a case study. Mirae Asset Financial Group, the nation’s leading investment and securities firm, and its founder and chairman of the group, Park Hyeon-joo, will be studied at the prestigious university in the U.S.