The firm is set to announce it is boosting institutional coverage in Asia and launching two mutual funds for China distribution and a hedge fund in a drive to expand its footprint.
Tag : mirae asset global investments
While technology benefits portfolio monitoring and client servicing, it also shrinks the pool of managers able to deliver alpha, AsianInvestor's Art of Asset Management event hears.
These exchange-traded funds will be the Sydney-based firm's first outside of Australia. BetaShares aims to bring these to market in early 2014.
Newly appointed chief marketing officer, Ashley Dale, will be visiting Europe next week to evaluate how many sales staff to hire. The firm is also planning two more ETF launches.
The firm has set its sights on the US, Latin America and South Asia as it strives to offer a broader suite to institutions. But market leader Samsung sees greater growth in the retail market.
Mirae Asset, following its acquisition of Canada’s ETF specialist Horizons, appoints a head of international ETF sales and prepares to enter Japan.
The firm's international asset management arm reassigns the head of its global allocation division to run international investments out of Hong Kong. He promises emerging market product.
