Mirae Asset Financial Group is an independent financial services group in Asia, headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the very first mutual funds to Korean retail investors in 1998. On a global consolidated basis, total group's client assets exceed US$389 billion (as of 31 Dec 2017). Mirae Asset has a presence in Australia, Brazil, Canada, China, Colombia, Hong Kong, India, Korea, Mongolia, Singapore, Taiwan, the U.K., the United States and Vietnam.
Video Mirae Asset Financial Group
Key businesses
Mirae Asset Global Investments
Mirae Asset Global Investments offers mutual funds, ETFs, and alternative investments
Mirae Asset Daewoo
Mirae Asset Daewoo offers services including brokerage service, wealth management, investment banking, sales & trading, and overseas business
Mirae Asset Life Insurance
Mirae Asset Life Insurance offers life insurance, investment-linked insurance, financial consulting and retirement planning services.
Maps Mirae Asset Financial Group
Milestones
2017
- Mirae Asset launches global and regional artificial intelligence (AI) products.
2016
- Mirae Asset acquires leading securities firm KDB Daewoo Securities, rebranded as Mirae Asset Daewoo
2015
- Mirae Asset completes development of Korea's first Four Seasons Hotel in downtown Seoul
2013
- Mirae Asset launches Horizons S&P 500 Covered Call ETF, Horizons' first US-listed ETF
- Mirae Asset launches CSI300 Enhanced Index Fund, the China JV's first mutual fund
2012
- Mirae Asset Global Investments becomes the largest fixed income fund manager in Korea
- Mirae Asset establishes Korea's first joint venture asset management company in China - Mirae Asset Huachen Fund Management
- Mirae Asset Global Investments merges with Mirae Asset MAPS Global Investments, its sister company specializing in alternative investments
2011
- Mirae Asset Financial Group agreed to acquire 85% of Betapro Management Inc. BetaPro, together with its subsidiary Alphapro, manage the Horizons family of exchange traded funds, the largest ETF family in Canada with more than 70 ETFs listed on the Toronto Stock Exchange and C$3 billion (US$3.1 billion) in Assets under Management
- Mirae Asset Global Investments acquires 60% of TLG Asset Management, a fund management subsidiary of Taiwan Life Insurance
- Mirae Asset Private Equity, Fila Korea, National Pension Service of Korea and Korea Development Bank agree to buy Acushnet Company, owner of leading golf brands Titleist and FootJoy
2010
- Mirae Asset launches US-domiciled funds
- Harvard Business School chooses Mirae Asset's story and the entrepreneurship of Chairman Park Hyeon Joo for a case study
2009
- Mirae Asset Global Investments signs an agreement to form an asset management joint venture in China
2008
- Mirae Asset was recognized as the largest investor in emerging markets
- Mirae Asset's SICAV Luxembourg-domiciled funds were launched
- Mirae Asset Global Investments (Brazil) was established
- Mirae Asset Global Investments (USA) was established
2007
- Mirae Asset Global Investments (UK) was established
- Mirae Asset Global Investments (India) was established
2005
- Mirae Asset launches Korea's first overseas investment (ex-Korea) fund Mirae Asset Retirement Pension Institute established
2004
- Mirae Asset Investment Education & Research Center was established
- Mirae Asset MAPS Global Investments was established through the acquisition of a local asset management company
2003
- Mirae Asset Global Investments (HK), the first global operation based in Hong Kong, was established
2001
- Selected as external manager of the National Pension Service (NPS) of Korea
1998
- Korea's first mutual investment fund was launched by Mirae Asset
1997
- Mirae Asset Global Investments was established
Notes and references
See also
- Economy of South Korea
Source of the article : Wikipedia