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June 14, 2024
Mirae Asset founder to be named executive of the year at AIB conference
Mirae Asset Financial Group said Friday that its founder and Chairman Park Hyeon-joo will be honored with the International Executive of the Year Award at the annual conference of Academy of Internat...in the US, in 2018, and GHCO, a specialized market maker in the UK ETF market...
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June 14, 2024
Mirae Asset Global Investments surpasses W170tr in ETF net assets
By Park Se-ra ( serap1005@heraldcorp.com )
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May 16, 2024
[Herald Interview] For US overnight stockbroker Blue Ocean, golden hour falls on Sunday 8 p.m.
...e said. Blue Ocean Technologies first joined hands with Samsung Securities in 2022 to secure Korean customers. It later expanded the scope of cooperation to other big-name securities firms such as Mirae Asset Securities and Korea Investment & Securities. Having partnered wit...
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May 14, 2024
[KH Explains] Naver’s Line dilemma: Lose global footing for cash?
... potential to excel in the AI era. That’s why SoftBank is looking to increase its stake,” said Jeon Seong-min, a business administration professor at Gachon University. Lim Hee-seok, an analyst at Mirae Asset Securities, said it seems inevitable for Naver to revise its stra...
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May 08, 2024
Mirae Asset Securities reaps fruits of global growth
Mirae Asset Securities, Korea’s largest stock brokerage company, has yielded solid results and created a strong impetus for growth in overseas markets after two decades of global expansion. Park Hye...rs by maximizing business synergy with Mirae Asset Globa...
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May 08, 2024
Korean battery makers heave sigh of relief over 2-year IRA reprieve
...Chuangxin until 2024, now has the extra time needed to adjust its sourcing strategies without disrupting its North American operations," said Kim Chul-joong, a battery industry equity researcher at Mirae Asset Securities. In response to the US policy shift, the Korean Energy ...
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May 07, 2024
Mirae Asset introduces high dividend yield ETF to China
Mirae Asset Global Investments, a leading asset manager based in Korea, has introduced a high dividend yield exchange-traded fund to the mainland Chinese market through cross-border trading with Hong Kong, the firm announced Tuesday. The Global X Hang Seng High Divide...
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May 06, 2024
Value-up program: Market disappointment does not mean a failure, just yet
...te unnecessary stigmatization and place undue pressure on firms. Experts also advocated for enhancements to increase efficiency. "Voluntary disclosure could raise trust concerns," an official from Mirae Asset Global Investment's Responsible Investment Strategy Center noted, s...
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May 02, 2024
Global X Canada debuts as Mirae Asset aims unified global ETF brand
Mirae Asset Global Investments announced Thursday that its Canadian exchange-traded fund subsidiary, Horizons ETFs, is rebranded as Global X Canada, aligning with an integrative strategy of its global ETF offerings under the unified brand, Global X. Since being acquired by
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April 17, 2024
Mirae Asset Global X set for growth under new chief
Mirae Asset Global Investments announced Wednesday that Global X, its US-based exchange-traded fund subsidiary, would seek increased competitiveness under new CEO Ryan O'Connor, the former global hea... new products, investment solutions and insights to the market as expected by...
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April 16, 2024
AI startup Upstage attracts about W100b as it seeks global expansion
... attracted about 100 billion won ($71.7 million) from investors, as it seeks to make inroads into the global generative AI market. New investors, including state-run Korea Development Bank, KT and Mirae Asset Venture Investment, participated in the latest round of financing, ...
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April 04, 2024
IBK Venture Investment to inject W500b into startups
...ture Investment CEO Cho Hyo-sung said. Cho is an investment banking veteran, having worked as head of the strategic investment division at SKS Private Equity under SK Securities and also at Kiwoom Asset Management and Mirae Asset Securities. “In an era of global r...
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April 01, 2024
Mirae Asset chief’s dividend donations reach W31.5b
Mirae Asset Financial Group founder and Chairman Park Hyeon-joo is donating 1.6 billion won ($1.2 million) he earned from dividends last year, marking the 14th straight year of his philanthropic tradition. On Sunday, the company disclosed that Park will endow his entire dividen...
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March 27, 2024
[Hello India] Korean institutional investors up appetite for Indian market
...omy, the KIC also plans to allocate its capital to infrastructures and properties. With big-name asset management firms now established or planning to set up bases in India, the KIC expects that inve... in India. The Korea Teachers' Credit Union, which controls 43 trillion won ($32 bi...
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March 13, 2024
Nvidia soars in AI boom, Samsung, TSMC struggle – Uncovering the why
... the year is anticipated to witness robust sales growth. Samsung has delivered a sample of the 12-stage HBM3E and aims for mass production in the first half of the year. Analyst Kim Young-gun from Mirae Asset Securities told the Herald Business daily that "Samsung's 8-speed H...
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March 08, 2024
S&P cuts outlook on Mirae Asset Securities, Korea Investment & Securities
S&P Global Ratings on Thursday lowered the outlook for two major Korean asset management firms, Mirae Asset Securities and Korea Investment & Securities, from "stable" to "negative." The agency kept their long-term issuer credit ratings at BBB and short-term ratings a...
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February 28, 2024
Mirae Asset Securities strengthens foothold in India
South Korea's brokerage Mirae Asset Securities announced Tuesday that its Indian unit hit a significant milestone, with its retail customer accounts surpassing one million in five years after its launch in 2018. India, the world's fifth-largest economy, holds strategic importan...
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February 22, 2024
Mirae Asset Global X names Goldman veteran as new CEO
Mirae Asset Global Investments announced Wednesday that it has named Ryan O'Connor, the former global head of ETF products at Goldman Sachs, as the new CEO of its US-based exchange-traded fund subsidiary, Global X. The latest appointment comes after a thorough selection process...
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February 16, 2024
Toss Securities logs first annual profit
...eon stated Thursday, adding, "We will present diverse product lineups that extend beyond stock investment, offering traders novel experiences and values." Meanwhile, Viva Republica is aiming for its market debut next year and recently selected Korea Investment & Securities and Mirae
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February 16, 2024
Toss Securities logs first annual profit
...eon stated Thursday, adding, "We will present diverse product lineups that extend beyond stock investment, offering traders novel experiences and values." Meanwhile, Viva Republica is aiming for its market debut next year and recently selected Korea Investment & Securities and Mirae