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 insightful financial strategies and innovative solutions through a diversified product offering via various vehicles including mutual funds, ETFs, and alternative investments
Mirae Asset Daewoo
Mirae Asset Daewoo offers a full range of top quality services including brokerage service, wealth management, investment banking, sales & trading, and overseas business
Mirae Asset Life Insurance
Mirae Asset Life Insurance is a full-service life insurance company offering clients 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
Awards
2017
- Awarded Best Group: Equity- India for the 2nd successive year by Citywire's Hong Kong & Singapore Asia Awards
2016
- Best Fund Provider - Emerging Market Equity for Mirae Asset Global Investments (Hong Kong) by Asian Private Banker Asset Management Awards for Excellence 2016
- Citywire Singapore and Hong Kong Group Award: Equity- India by Citywire
- Best International Fixed Income Manager (Korea) by Asian Investor
- ETF Manager of the Year (Korea) by Asian Investor
- Regional Asset Management Awards for Korea by Asian Investor
- Best Fixed Income Manager (Korea) by Morningstar Korea
2015
- Boutique Management Group of the Year by Investment Week Specialist Investment Awards 2015
- Best Fund Provider - Emerging Market Equity by Asian Private Banker Asset Management Awards for Excellence 2014/2015
- Best Fixed Income Manager (Korea) by Asian Investor
- Best Fixed Income Manager (Korea) by Morningstar Korea
- Manager of the Year (Korea) by Korea Economic Daily
2014
- Best Fixed Income Manager (Korea) by Morningstar Korea
- Triple A Awards, Best Asian ETF Provider (Korea) by The Asset
- Best Fund House (MAGI India) by Business Today India
- Best Fixed Income Manager (Korea) by Maeil Economic Daily
- Best ETF Manager (Korea) by Asian Investor
2013
- Mirae Asset Global Investments receives 2013 Korea Awards - Investment Performance, Best Manager of International Fixed Income from Asian Investor
- Mirae Asset Global Investments receives 2013 Korea Awards - Investment Performance, Best Manager of Exchange-Traded Funds from Asian Investor
2011
- Mirae Asset Global Investments receives 2011 Korea Awards - Investment Performance, Best (Onshore) Manager of International Equities from Asian Investor
- Mirae Asset Global Investment receives 2010 Best of the Best Country Awards, Korea - Best Retail House from Asia Asset Management
- Mirae Asset Global Investment receives 2010 Best of the Best Country Awards, Korea - Best House for Offshore Funds from Asia Asset Management
2010
- Mirae Asset Global Investments receives the Asia Asset Management Best of the Best Awards 2009 under the category of Korea's Best Retail House
- Mirae Asset Global Investments receives the Asia Asset Management Best of the Best Awards 2009 under the category of Korea's Best House for Offshore Funds
2009
- Mirae Asset Chairman Hyeon Joo Park was the award recipient of the Ernst & Young Entrepreneur of the Year 2009 for Korea
- Mirae Asset Global Investments receives the Asian Investor's 2009 Investment Performance Awards under the category of Best in Emerging Market Equity
- Mirae Asset Global Investments receives the Asian Investor's 2009 Investment Performance Awards under the category of Best Korea Onshore Fund House
- Mirae Asset Global Investments receives Asia Asset Management's 2008 Best of the Best Awards, Korea under the Best Community Service Award category
2008
- Mirae Asset Global Investments receives Asian Investor's 2008 Investment Performance Award under the category of Korean Equities One-Year Performance
2007
- Mirae Asset Global Investments receives 2007 Moneytoday & Morningstar Fund Grand Prize, Best Asset Management Company from Morningstar
- Mirae Asset Global Investment receives 2007 Achievement Awards, Korea Fund House of the Year from Asian Investor
- Mirae Asset Global Investment receives 2006 Best of the Best Awards, Korea Equity 3-Year from Asian Investor
2006
- Mirae Asset Global Investment receives 2006 Achievement Awards, Korea Fund House of the Year from Asian Investor
Notes and references
See also
- Economy of South Korea
External links
- Mirae Asset Financial Group website
Source of the article : Wikipedia