Mirae Asset HK ETFs questioned as Lui exits
Doubts have been voiced over the viability of Mirae Asset's HK-listed exchange-traded funds and of Asia-wide sector ETFs, after the exit of its HK ETF head. But it has more hires and products planned.
Mirae Asset Global Investments saw its Hong Kong head of exchange-traded funds leave last week, as industry observers raise questions over the viability of some of its ETFs listed in the city. But the firm, the international arm of Korea's Mirae Asset, says it is planning more products and hires.
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