Mirae Asset bolsters Asia team, products
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.
South Korea’s Mirae Asset Global Investments has boosted institutional coverage in Asia Pacific and is set to launch two mutual funds and a hedge fund in a drive to expand its footprint, AsianInvestor has learned.
Rhee Jung-Ho, chief executive at the $76 billion fund house, stressed that the firm’s aim was to become a global player, given it already has distribution and investment teams in Asia Pacific, Europe, the US and Latin America.
“Our focus is on growing assets through ex…
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