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2 weeks ago | 
kedglobal.com | Man-Su Choe
Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time following a slew of overseas mergers and acquisitions in over two decades since its first global venture. The South Korea-based investment giant announced on Wednesday that its assets under management (AUM) stand at 403 trillion won, of which 45%, or 181 trillion won, are managed across non-Korean markets, including the US, Vietnam, Brazil and India.
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3 weeks ago | 
kedglobal.com | Man-Su Choe
Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday morning after surging by the daily limit high of 30% the previous day on news that Hoban Group has upped its stake in the holding firm to 18.46% from 17.90%.
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2 months ago | 
kedglobal.com | Man-Su Choe |Ahla Cho |Jin-gyu Maeng
Chinese stocks are attracting South Korean investors looking beyond Wall Street amid the lackluster US Big Tech stocks. South Korea’s equity funds, tracking Chinese stocks, have seen a net inflow of 214.4 billion won ($148 million) in the past one month, reversing prolonged outflows in what had been dubbed “China fund run,” according to financial industry sources on Wednesday.
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Feb 11, 2025 | 
kedglobal.com | Man-Su Choe
Mirae Asset Financial Group is preparing to launch a bitcoin covered call exchange traded fund (ETF) for global investors to foray into the cryptocurrency ETF market, its founder and Chairman Park Hyeon-joo said early this month. “Mirae Asset is working strategically to launch a bitcoin covered call exchange traded fund,” Park told the ETF Rally 2025 it hosted in Hawaii early this month. He did not elaborate further.
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Nov 26, 2024 | 
kedglobal.com | Man-Su Choe
South Korea’s leading asset manager Mirae Asset Financial Group will strive to take over the fifth-largest share of the Indian securities market with Mirae Asset Sharekhan Inc. by foraying into the South Asian country’s wealth management and investment banking markets.
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Nov 12, 2024 | 
kedglobal.com | Man-Su Choe
South Korea's Mirae Asset Global Investments said on Tuesday that that its TIGER Nasdaq 100 ETF has become the second US-focused ETF listed in South Korea to surpass 4 trillion won ($2.84 billion) in net assets. According to the Korea Exchange, the ETF’s net assets totaled 4.03 trillion won as of Monday’s close. It follows the TIGER S&P 500 ETF, which earlier this month became the first overseas equity ETF in South Korea to surpass 5 trillion won in net assets.
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Oct 28, 2024 | 
kedglobal.com | Man-Su Choe
South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide. The guide provides information on the rapidly growing Indian market and investment strategies using the three KODEX India exchange-traded fund series. It can be downloaded for free from Samsung Asset Management’s official website. Samsung Asset Management will host an India investment webinar via YouTube Live on October 31 at 7:00 p.m. (South Korea Time).
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Oct 21, 2024 | 
kedglobal.com | Man-Su Choe
Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on investing in the top 10 companies by market capitalization specializing in artificial intelligence (AI) application-specific integrated circuits (ASICs) design and development among US and Taiwanese stocks. Its major holdings will include Marvell Technology, Broadcom, ARM, Cadence Design Systems, Credo Technology Group, and Synopsys.
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Oct 14, 2024 | 
kedglobal.com | Man-Su Choe
South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after undergoing an audit by the internationally accredited registrar and classification society DNV.
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Oct 10, 2024 | 
kedglobal.com | Man-Su Choe
Mirae Asset Securities Co. said on Thursday that the number of retail client accounts in its India operations has crossed the 2 million mark. This marks an increase of 1 million accounts in eight months since the number surpassed 1 million in February. The South Korean brokerage firm, which launched its online trading platform “m.Stock” in India in April 2022, ranked ninth among local online brokerages and 15th overall in terms of accounts in August.
