Mirae Asset Global Investment is investing $488m to take a 100% stake in Global X, an ETF company in New York that is known for its technology themed ETFs, which will take Mirae to over $30bn of AUM.
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Mirae Asset takes over US based fund management company Global X
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Mirae Asset Global Investments established an overseas fund management corporation in Hong Kong for the first time in 2003 and is providing investment solutions that can contribute to customers' nice and stable retirement lives through its global network spanning 12 countries including India, the UK, the US and Brazil. In 2008, the company set up an SICAV in Luxembourg for the first time as a Korean fund management company and selling Mirae Asset funds to foreign investors in more than 30 countries through the SICAV. Categories:
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