20 years of Mirae Asset

Mirae Asset

Asian Pioneer Redefining the
Status Quo

Pioneering
Foundations

1997

Mirae Asset (Venture Capital & Asset Management) founded by Chairman Park Hyeon-Joo amid the Asian Financial Crisis.

Chairman Park yearned to transform Korean investments:

  • Long-Term Time Horizon
  • Investor Education
  • Investment Diversification

Mirae Asset sought to transform the asset management industry from a fee-based to customer-centric culture.

The majority of household wealth was invested into real estate and fixed income, offering an opening to introduce equity funds.

Korea's First Equity
Mutual Fund

1998

At the time, the majority of household wealth was invested into real estate and fixed income. Mirae Asset seized on undervalued Korean companies and introduced equity funds to investors.

Beyond Asset Management: Mirae Asset Financial Group

1999 - present

Mirae Asset continued to seize business opportunities in different financial areas.

Mirae Asset Securities was established with the founding principle of sustainable competitiveness in customer wealth Management.

Mirae Asset entered the life insurance industry in 2005 by acquiring SK Life Insurance, further bolstering its capabilities with the additional acquisition of PCA Life in 2017.

Formation of the Biggest Securities Player in Korea

2016

Mirae Asset is chosen as the preferred bidder to acquire KDB Daewoo Securities / Asset Management, giving birth to Mirae Asset Daewoo.

Growth of Assets Under Management of Mirae Asset Global Investments

Mirae Asset Financial Group

Mirae Asset
Daewoo
202 billion
  • Wealth Management
  • Investment Banking
  • Brokerage Services
Mirae Asset
Global
Investments
110 billion
  • Mutual Funds / SMAs
  • ETFs
  • Alternative Investments
Mirae Asset
Life Insurance
34 billion
  • Life Insurance
  • Variable Insurance
  • Retirement Pensions

Global Expansion

Pursuing Growth in Emerging
Markets and Beyond

The Leap: Hong Kong Expansion

The firm enters the Hong Kong market to serve global investors with its newfound Asian footprint.

Mirae Asset Global Investments (India)

Mirae Asset breaks into the Indian market and lays the groundwork to manage local onshore equity and fixed income mutual fund products.

Mirae Asset Global Investments (UK)

Mirae Asset establishes a foothold in the European market to distribute the cross-border Mirae Asset Global Discovery Fund (SICAV) as the first offshore fund launched by the firm.

Mirae Asset Global Investments (USA)

Opened to provide clients with access to bottom-up Asian and emerging market strategies. Leveraging our on-the-ground presence, we aim to deliver high-conviction portfolios and quality long-term performance.

Diversified Investment

Extending Portfolio Footprint

Korean Equity Mutual
Fund

1998

Mirae Asset launches the first Korean equity mutual fund in the country.

Global Fixed Income
Capabilities

2006

Mirae Asset offers first onshore vehicle to access global fixed income markets.

Globally Recognized Asian Investment Excellence

2008 - present

Our competitive product suite of strategies with established track records has been recognized globally by Morningstar, Lipper Fund Awards, and Citywire across multiple domiciles.

The Birth of a Global ETF Brand

2011

Acquisition of Horizons ETFs and BetaShares to form basis of exchange traded fund presence in Canada and Australia, respectively, complementing TIGER ETFs in Korea in addition to Horizons ETFs in Hong Kong and Colombia.

Why
Mirae Asset?

Unique Asian Heritage

  • Founded in Asia, we have expanded our geographical presence to 12 global offices since 1997.
  • We have become one of the world's largest emerging market equity managers.*

* Source: Investment & Pensions Europe, November 2016

Extensive Research Capabilities

  • We have over 160 investment professionals based around the world.
  • Nearly 100 investment professionals in 7 offices across Asia.
  • Team-based collaborative approach both locally and across regions.

We Live Our Investments

  • The Mirae Asset investment teams are culturally connected to the Asian and EM story, as opposed to at tempting to interpret it from the reference point of another culture.
  • Our on-the-ground presence and research coverage truly signify that "We Live Our Investments."

Push into Alternatives

2004 - 2006

Mirae Asset becomes the first Korean asset manager to enter into the alternative investment asset class.

2006

Bold bet into global real estate with investment in Shanghai, China (Mirae Asset Shanghai Tower).

2011 August

Acquired golf brand Titleist by Mirae Asset Private Equity Fund and Fila Korea.

2013 September

Acquired a significant equity position in Coffee Bean & Tea Leaf, US coffee & tea retailer.

2013 August

Acquired Four Seasons Hotel in Sydney.

2015 May

Acquired Fairmont Orchid Hawaii.

2015 November

Acquired Fairmont Hotel in San Francisco, California, USA

2016 October

Acquired Hyatt Regency Waikiki Beach Resort & Spa.

Artificial Intelligence
based Funds

2017

Mirae Asset establishes partnership with Korea University for artificial intelligence and launches world's first global equity ETF in Canada and several fund of fund ETF mutual funds in Korea that utilize artificial intelligence as the asset allocation engine.

Fully Diversified Investment Platform

Mirae Asset Global Investments is the group's asset management arm and executes the firm's core passion of investing in emerging markets. We work across our complete product platform to generate the most benefit for our clients across 12 markets globally.

  • Equity
  • Fixed Income
  • ETFs
  • Multi Asset
  • Real Estate
  • Private Equity
  • Infrastructure

Discover our capabilities