Awards - KB

2013

• Best Asset Management Company in Korea (Seoul Economic Daily)
• 2013 Asia Fund Award, Best ETF Fund for Tiger 200 ETF (Asia Economic Daily)

2012

• Best (Onshore) Manager of International Fixed Income (Asian Investor)
• Asia Fund Award, Best Fixed Income Fund (Asia Economic Daily)
• Korea Fund Award, Special Award (ETF) Global Investments (Maeil Economic Daily)

2011

• Best Retail House (Korea) & Best House for Offshore Funds (Asia Asset Management)
• Best (Onshore) Manager of International Equities (Asian Investor )
• Best Korea Deal of the Year ("Acushnet Acquisition,” Finance Asia)
• World Finance Investment Management Company of the Year 2011, South Korea (World Finance)

2010

• Best Business Innovation Awards (Seoul Economic Business Newspaper)
• Korea’s Best Entrepreneur Award: Chairman Park Hyeon Joo (Ernst & Young)
• Best Fixed Income Manager (Korea Economic Daily)
• Korea’s Best Retail Fund Manager/Korea’s Best Overseas Equity Fund Manager (Asia Asset MGT)

2009

• Master Entrepreneur of The Year: Chairman Park Hyeon Joo (Ernst & Young)
• Grand Prize Funds for 2009: Mirae Asset Solomon AP Consumer Fund (Money Today & Morning Star)
• Asian Investor Investment Performance Awards (Emerging Market Equities)
• Asian Investor Investment Performance Awards (Korea On-Shore Fund House)

2008

• Asian Investor Achievement Awards 2008 (Korea Equities - 1 Year Performance)
• Recognized as one of the World’s Largest Investors in Emerging Market Equities (Investments & Pensions Europe, Emerging Market Equities Survey)

2007

• Asian Investor Achievement Awards 2007 (Korea Fund House)
• Best Asset Manager & Best Fund "China Solomon, Korea Discovery" (Money Today & Morning Star Fund Grand Prize)
• Best Asset Management in Equity (KRX)

2006

• Best Global Marketing Award (Seoul Economic Business Newspaper)
• Korea Fund Grand Prize (Mae-il Business Newspaper)

2005

• Best Asset Management Company (Mae-il Business Newspaper & Korea Economic Business)
• Best Fund of Korea (Korea Economic Business Newspaper & Korea Fund Research)
• Best Provider of Portfolio Management: Equities (Euro Money Poll)
• Best Provider of Private Equity Investment (Euro Money Poll)

Awards & Industry Recognition - KB

Industry Recognition

 

Harvard Business School Case Study

In 2010 Mirae Asset was the first Asian asset management company to be selected by Harvard Business School as a case study for their MBA program. The study looked at how, within just a decade, Mirae Asset had successfully become a leading firm in an industry dominated by large traditional conglomerates.

As an organization originating from the emerging markets, Mirae Asset’s story has captured the attention of investors worldwide.

“It is very important to have two perspectives.
One; observe what is going on in the present. The other; look to the future.
To be a successful entrepreneur, you need to do both.” 

 Hyeon-Joo Park
Chairman and Founder of Mirae Asset.

Social Responsibility Employee Volunteering - KB

Mirae Asset Volunteer Corps

The aim of Mirae Asset’s Volunteer Corps is to ‘give something back to our communities’ and to offer a helping hand, whenever and wherever needed. Our Volunteer Corps share a strong sense of social responsibility and make it their mission to support the less fortunate in society.

Since its establishment, the work of Mirae Asset Park Hyeon Joo Foundation has been aimed at alleviating the problems of people in need – so that they may look to the future with hope. The foundation has established support and sponsorship programs for adolescent heads of families, children being raised by their grandparents, and elderly who live alone. At Mirae Asset employees are encouraged to participate in voluntary work; helping others and enriching our own lives too.

We continue to strengthen our efforts to embed a culture of volunteering within our company by encouraging proactive social contributions. Our commitment to making a better society where everyone can enjoy life is unwavering, and it will only strengthen and expand.

“We open our hearts to people pushed to the outskirts of society,
giving them the chance for a new future.”

Social Responsibility Social Welfare - KB

“We provide the small changes that people
need to bring big smiles to their faces.”

The focus of the Mirae Asset Park Hyeon Joo Foundation is to do whatever possible to support the people and the institutions in the communities in which we live and work.

Supporting Low Income Families and the Elderly

Mirae Asset undertakes various projects, such as the Family Wellness Month, for low income families and the elderly who live alone. We also provide these groups with annual allowances for expenses incurred on national holidays.

Global Cultural Exchange Program

 

Mirae Asset supports children whose financial circumstances make it difficult for them to travel abroad by providing them with funding that includes airfares and accommodation. The program includes visits to global corporations and cultural heritage sites to help them learn from different experiences and develop as leaders with a vision for the future.

Book Donation

We believe that sharing books means sharing dreams. We are donating books to children whose financial circumstances mean they are unable to afford to buy books.

Renovation of Study Rooms

There is still a lack of suitable facilities in which underprivileged children can study. Mirae Asset helps these children study in a better place.

Mirae Asset has also held workshops for teachers of local childrens’ centers since 2008 to offer practical teaching assistance. Moreover, since 2007 we have hosted theme camps for children and teens with disabilities to help develop their ambitions for the future. We are also conducting the Sharing Hope, Happy Rehabilitation Project which offers support for the physical and mental rehabilitation of people with disabilities.

Social Responsibility Social Responsibility - KB

The scholarship funds tuition and living expenses so that students may take full advantage of their time studying at the best international universities.

“The Global Exchange Scholarship helps students expand
their academic knowledge while fostering a global mindset.”

Global Investor Scholarship Program

In March 2006, the Mirae Asset Financial Group launched a Global Investor Scholarship Program for talented young students to encourage them to become global investment professionals. In addition to having the opportunity to study at leading universities, scholarship recipients will be offered internships at various Mirae Asset business units. For students, there are no strings attached and we hope that the Global Investor Scholarship Program will attract more young people to the investment sector.

In September 2007, Mirae Asset launched the Exchange Student Scholarship Program to support young people who display the potential to become global leaders.

To fulfill this vision Mirae Asset grants tuition, living and travel expenses to promising young college students, with priority given to those in financial difficulties. Our aim is to help alleviate financial limitations so that participants have the opportunity to grow beyond their potential.

“If forced to choose only one place in which to invest,
it would always be our young people.”

Social Responsibility - KB

Investing in Tomorrow’s Leaders

Children as Heads of Households Initiative

This initiative provides assistance to young people who have been forced by circumstances to assume responsibility for their families.

Scholarship Programs for Teenagers

The Mirae Asset Park Hyeon Joo Foundation provides tertiary scholarships to students from disadvantaged families who have displayed outstanding academic promise.

Social Welfare

 

Employee Volunteering

At Mirae Asset we strongly encourage and support employees who volunteer for initiatives in our communities that will help lead to a more harmonious and prosperous future for those within them.

A Culture of Giving

To establish and encourage a culture of voluntary donations, Mirae Asset employees are invited to contribute to specific campaigns run by the Mirae Asset Park Hyeon Joo Foundation. The Mirae Asset matching grant program matches 100% of each donor contribution.

Milestones - KB

2014

• Launched Horizons Korea KOSPI 200 ETF, the lowest cost Korea ETF in the US market featuring the broadest Korean index exposure

2013

• Mirae Asset Private Equity acquired a significant equity position in Coffee Bean & Tea Leaf, US coffee & tea retailer
• Launched S&P MILA 40 Covered Call ETF, Horizons' first Colombia-listed ETF
• Launched Horizons S&P 500 Covered Call ETF, Horizons' first US-listed ETF
• Mirae Asset Real Estate acquired landmark buildings 225 West Wacker, Chicago & Four Seasons Hotel Sydney

2012

• Mirae Asset Huachen Fund Management established

2011

• Acquisition of Horizons ETFs
• Acquisition of Acushnet ('Titlest') by Mirae Asset Private Equity Fund and Fila Korea
• Formed JV with Taiwan Life Insurance to create Mirae Asset Global Investments (Taiwan)

2010

• Mirae Asset Discovery Funds launched in the US
• Selected as case study for Harvard Business School

2009

• Mirae Asset YiCai Investment Advisory (Shanghai) established

2008

• Mirae Asset Global Investments (USA) established
• Mirae Asset Global Investments (Brazil) established

2007

• Mirae Asset Global Investments (Shanghai Representative Office) established
• Mirae Asset Global Investments (UK) established

2006

• Mirae Asset Global Investments (India) established
• Mirae Asset Real Estate invested to build the Mirae Asset Tower in Pudong, Shanghai
• Mirae Asset Securities listed on the Korea Stock Exchange

2005

• Mirae Asset Retirement Pension Research Institute established
• Mirae Asset Life Insurance founded
• Launched first overseas investment fund, Mirae Asset Asia Pacific Star Equity Fund

2004

• Mirae Asset Investment Education & Research Center established

2003

• Mirae Asset Global Investments (Hong Kong) established

2001

• Launched Korea's first front-load mutual fund and Korea's first open-ended mutual fund

2000

• Mirae Asset Park Hyeon-Joo Foundation founded

1999

• Mirae Asset Securities founded

1998

• Mirae Asset Global Investments founded, Korea's first asset management company
• Launched Hyeon-Joo Park Fund #1, Korea's first close-ended multual fund

1997

• Mirae Asset Investment Advisory founded
• Mirae Asset Venture Capital founded

History - KB

A History of Growth 

Mirae Asset was founded in 1997 in the wake of the Asian currency crisis with a vision of and dedication to serving our clients, helping them build wealth for life with proven investment strategies. 
Our endeavor to expand overseas began in 2003 with the establishment of our Hong Kong office, which has become the backbone of our Asian and Emerging Market investment capabilities and product offering. These strategies were dedicated to diversifying the investment base for investors and were the starting point for our focus on the broader emerging markets. Since their inception we have consistently enhanced our coverage and presence in the emerging markets and are now one of the world’s largest emerging market investors.

We are committed to securing future levers of growth and providing value to our clients, as evidenced in our milestones.

Mirae Asset at a Glance

Mirae Asset at a Glance

Why Mirae Asset - KB

Emerging Market Experts

Mirae Asset Global Investments is one of the world’s most prominent emerging market investors and one of Asia’s largest independent financial services groups.^(1,2) 

As emerging market experts with a global perspective, we pursue excellence in investment management to help our clients achieve their long-term objectives.

As of September 30, 2014, our total AUM stood at USD 62.2 billion.

A Global Perspective With Local Expertise

Mirae Asset Global Investments is a global investment management firm originating from Asia with offices, clients and business lines across the world's major markets (Australia, Brazil, Canada, China, Colombia, Hong Kong, India, Korea, Taiwan, the U.K., the United States and Vietnam). We provide asset management services through a diversified platform that offers market-leading franchises in traditional equity and fixed income products, ETFs and alternative strategies such as real estate, private equity and hedge funds.

Client Focus

We have a singular, overriding focus and that is assisting our clients to best achieve their long-term financial objectives. We devote all our considerable global resources to performing in-depth, bottom-up research to fulfill our promise of offering best in class investment products and building lasting relationships with our partners. As we continue to expand into new markets we look forward to serving new clients as we have always done, by building on principles.

• (1) Source: Investments & Pensions Europe, January 2014.
• (2) One of the largest investors in emerging market equities amongst 79 asset managers.

Culture & Values - KB

Culture & Values

 

Core Values

At Mirae Asset our decision-making is guided by our four core values: Clients First, Objectivity, Team Play and Citizenship.

 

Clients First

Our clients’ success is paramount – their success is our success. We build and nurture long-term relationships with our clients by using our proven investment strategies to help create wealth for life

Objectivity

We assess every investment opportunity objectively and with total impartiality. Our independence sets us apart and helps ensure that our decisions are aligned with the needs of our clients.

Teamwork

Mirae Asset’s success is built on respect for each individual and a belief in the power of teamwork. It is our aim to create a true meritocracy in which talent and achievement are rewarded and opportunity is equally available to all.

Citizenship

At Mirae Asset we are profoundly aware of our responsibilities. As good corporate citizens we aim to give back to the communities in which we live and work by supporting and participating in a range of initiatives within them.

Investment Principles - KB

Our principles are our promise

 

Mirae Asset identifies the sustainable competitiveness of companies

At Mirae Asset we seek companies with specific qualities ­– such as a commanding market share, comparative advantages to competitors, a differentiated business model and high levels of transparency and corporate governance. We believe that the companies that exhibit these qualities will sustain their competitiveness and provide continuous and stable earnings growth. It is our long-held belief that share prices will, over time, converge with earnings growth and the subsequent cash flow.

Mirae Asset invests with a long-term perspective

A long-term perspective is key when determining sustainable competitiveness. Though share prices may be volatile over the short-term, long-term price movements are driven mainly by earnings growth. Investing in companies that are intrinsically competitive and generate stable cash flow is the essence of Mirae Asset’s long-term approach to investment.

Mirae Asset assesses investment risks with expected return

At Mirae Asset every investment risk is assessed with expected return. Valuations, liquidity and corporate governance are constantly monitored for their potential to inflict damage on long-term competitiveness. It is our aim to limit our exposure to such investment risk while our Risk Management Division constantly monitors whether our investments adhere to our investment principles.

Mirae Asset values a team-based approach to decision-making

Mirae Asset’s portfolio creation and successful investment management is achieved through a team-based approach to decision-making, with extensive discussion and a firm commitment to firmly adhere to our investment principles and process.

 

Core Strengths - KB

Core Strengths

 

Global Coverage with Roots in the Emerging Markets

Rooted in Asia, Mirae Asset has created a global network with a specific focus on emerging markets. This network enables our teams positioned around the globe to capitalize on market-specific investment opportunities efficiently, as and when they arise, so that we can continually meet our clients’ evolving investment requirements.

 

Diversified Investment Platform

Mirae Asset is dedicated to providing innovative products and solutions across major equity, fixed income, ETF and alternative asset classes, delivered through a diverse set of investment vehicles.

An Independent Asset Managemenet Business

At Mirae Asset, asset management is at the heart of our business and our independence enables us to focus on what we are best at. We are not tied to any bank dominated financial groups and our ability to formulate differentiated, leading investment products is not constrained by any responsibility to affiliates

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On-the-Ground, Research-driven Investing

Research is the core of our business and we recognize its vital importance to long-term successful investing. Our extensive research capabilities and presence across the emerging markets enable us to formulate views that set us apart from the pack. Furthermore, our size and scale gives us access to best in class market data and insight that we utilize to constantly evaluate our own independently formed investment decisions.

Risk Management and Compliance Structure

The success of Mirae Asset’s operations is founded on rigorous risk management and compliance. Our robust risk management procedures are designed to satisfy the most demanding of investors, ensuring quality and consistent results, built for the long term.

About Us - KB

Originating from Asia, Mirae Asset was founded in 1997 in the wake of the Asian currency crisis. Today, Mirae Asset encompasses the global capability to deliver our best ideas to investors around the world via on-the-ground presence in 12 countries across 5 continents. Our goal is to provide our clients with insightful financial strategies and consistent performance through our diversified product offering.

Global Network Europe - KB

United Kingdom

 

Mirae Asset Global Investments (United Kingdom)

 

Mirae Asset Global Investments (United Kingdom) was established in 2007, signifying our entry into Europe.

Our presence in the United Kingdom underscores our determination to establish a strong presence in the global financial markets by building a European distribution platform and to further solidify our position as an emerging market specialist.

We aim to deliver value to our clients in the United Kingdom and throughout Europe with our equity and fixed income cross-border offerings.

 

 

 

 

 

Global Network Asia Pacific - kb

Australia

 

BetaShares Capital Ltd

 

BetaShares is one of the leading providers of ETFs and other ASX-traded funds in Australia that joined the Mirae Asset Global Investments Group in 2011.

BetaShares is determined to educate current and potential investors regarding the advantages of investing in ETFs and the financial markets in general as we continue to invent new offerings for our clients.

BetaShares’ objective is to expand the universe of investment possibilities open to investors by providing exchange traded products that empower investors to implement their investment strategies with ease.

China

 

Mirae Asset Global Investments - Shanghai Representative Office

 

Mirae Asset Global Investments has a footprint in three local offices in China, serving diverse needs. Our representative office in Shanghai was established in 2007 and Mirae Asset Yicai Investment Consulting opened in 2009. Mirae Asset Hauchen Fund Management, our joint-venture with a local trust company, commenced in 2012.

Our Shanghai Representative Office is responsible for our real estate projects in China, most notably the landmark Mirae Asset Shanghai Tower. Mirae Asset Yicai Investment Consulting provides on-the-ground insight into the local financial landscape in mainland China as well as spearheading our QFII operations. Mirae Asset Hauchen Fund Management, our joint-venture with a local fund manager, seeks to cater to needs of the ever-increasing local investors in China.

Our goal is to provide investors with access to the Chinese capital and real estate markets for local and foreign investors through various financial vehicles.

Hong Kong

 

Mirae Asset Global Investments (Hong Kong)

 

Mirae Asset Global Investments (Hong Kong) was established in 2003 and serves as the hub of Asia for Mirae Asset Global Investments.

We manage equity products that invest in the Asia Pacific region, including single country and regional equity funds. The office is also the distribution center for retail and institutional investors based in the Greater China and Southeast Asia regions.

From our strategic position in Hong Kong, we strive to offer worldwide investors best-in-class cross-border Asia equity and global/emerging market fixed income funds.

India

 

Mirae Asset Global Investments (India)

 

Mirae Asset Global Investments (India) was established in 2007 in order to develop investment opportunities in this fast-growing nation.

Our team of investment professionals has two main functions: to provide investment opportunities to domestic clients and to offer on-the-ground research to clients who wish to invest in the Indian market.
We have built a robust and differentiated product basket to cater to individual retail and institutional investors and will endeavor to deliver excellence in investment management.

Korea

 

Mirae Asset Global Investments

 

Mirae Asset Global Investments was established in 1997 and has been recognized as a pioneer in the Korean financial services industry.

Mirae Asset Global Investments is the asset management arm of Mirae Asset Financial Group and executes the firm’s core passion of investing in emerging markets. We work across our entire financial services platform to generate the most benefit for our clients.

As emerging market experts with a global perspective, we pursue excellence in investment management to help our clients achieve their long-term objectives.

Taiwan

 

To strengthen our presence in Greater China, Mirae Asset Global Investments acquired TLG Asset Management in 2011, which has since been rebranded to Mirae Asset Global Investments (Taiwan).
Mirae Asset Global Investments (Taiwan) has the capabilities to provide both onshore and offshore funds to local investors. The entity will seek to bolster its existing range of onshore products while continuing to offer market-leading offshore solutions.

Vietnam

 

Mirae Asset Global Investments (Ho Chi Minh City Rep Office)

 

Mirae Asset Global Investments opened its Vietnam Representative Office in 2006.
The office has provided equity and fixed income advisory services for MAGI funds with Vietnamese exposure and has been a pivotal foothold for the execution of our various alternative investment projects in the region.

We will continue to leverage our on-the-ground presence in the ASEAN region via Vietnam to optimally identify compelling opportunities for investors.

 

 

 

 

 

 

 

 

 

 

 

 

Global Network Americas - KB

 We are a global organization originating from Asia with on-the-ground presence in the markets in which we invest.

Mirae Asset’s presence now extends far beyond the capital markets of the Asia Pacific region to the major developed markets across the globe. Our offices are strategically situated across 12 countries, from Hong Kong, China, India and the USA to the UK. This global network of offices enables us to successfully diversify the risks in our portfolios and identify and secure sources of future return.
Explore the regions of our different office locations to view what we may offer to our clients

Brazil 

Mirae Asset Global Investments (Brazil)

Mirae Asset Global Investments (Brazil) was established in 2008 and has underscored our presence in the Latin American region.

We intend to leverage on our emerging markets expertise and global presence in order to discover investment opportunities and provide our clients with the best investment solutions. In addition to providing capabilities across traditional asset classes, we are also fully proficient in multi- and macro strategy solutions alongside alternative investments, notably in real estate

Canada

Horizons ETFs Management (Canada) Inc.

Horizons ETFs Management (Canada) Inc., formerly BetaPro Management Inc., manages the Horizons Exchange Traded Funds Inc. (“Horizons ETFs”) family of ETFs of Mirae Asset Global Investments.
The Horizons ETFs family of ETFs includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions

We believe that every investor, regardless of portfolio size, should have access to the best investment strategies and money managers at the best possible price. Our Canadian suite of exchange traded funds includes innovative tools and solutions for tactical trading, index exposure, and active management.

 Colombia

Horizons ETFs Management (Latam) (Colombia Rep Office)

Horizons ETFs Management Latam LLC entered the Colombian market in late 2012 and launched its first ETF in the fall of 2013.

We are primarily focused on the further development and expansion of the global exchange traded fund business in Latin America and we have identified the Andean region, specifically Colombia, as a strategic entry point.

We believe that the Horizons MILA 40 ETF and other new ETFs we have planned for subsequent launch will help to establish a thriving ETF business in Colombia, one that will bring many benefits to local and international investors alike.

USA

Mirae Asset Global Investments (USA)

Established in 2008, Mirae Asset Global Investments (USA) is a Registered Investment Advisor firm committed to providing clients with global access to investment opportunities around the world.

We focus on emerging markets and active, bottom-up Asia-centric strategies that leverage our emerging market heritage and on-the-ground presence to deliver high-conviction portfolios and quality long-term performance. Our aim is to deliver tailored solutions through the use of retail mutual funds and institutional separate accounts focusing on our emerging market
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Institutional Investors - KB

Institutional Investors

 

Our international presence and coverage across strategically important markets enables us to offer our institutional clients the very best in customized solutions – global, regional, and single-country emerging market products – across a spectrum of asset classes and investment vehicles.

Through our long history in the emerging markets we have developed extensive expertise managing emerging market equity and fixed income funds, and in alternative investments – hedge funds, real estate, infrastructure, and private equity. We endeavor to use this experience to identify long-term investment opportunities for our clients.

Alternative Investments Hedge Funds - KB

The Hedge Fund Division aims to yield stable returns by managing volatility and maintaining a low correlation with the market over the long term.

Competitive Edge & Key Features 

Utilizing extensive and proprietary quantitative models Mirae Asset employs a multi-strategy approach, wherein fund managers specialized in fixed income, equities and foreign exchange cooperate with one another, to provide our clients with stable returns within a managed level of risk.

Since 2006, the Hedge Fund Division at Mirae Asset has produced stable yields as a result of pursuing absolute returns. Since the introduction of hedge funds in Korea, the division was reorganized to solely take charge of hedge fund operations, launching and managing three hedge funds. 

Key Investment Strategy 

The Hedge Fund Division mainly utilizes fixed income arbitrage and relative value investment strategies that are quant-driven in order to systematically evaluate macro-economic environments. The division also employs event-driven strategies alongside differentiated and contrarian ideas to invest in a variety of asset classes across equities, fixed income, bonds with warrants and derivatives.

Alternative Investments Private Equity - KB

Mirae Asset introduced its 1^st private equity fund – the 1^st in Korea – in 2004 and has retained a leading position ever since. 

Extensive Network

Since the launch of our first private equity fund, we have cultivated an extensive network of relationships with Korean pension funds, government organizations, insurance companies, as well as with strategic investors and buyers. As Korea’s largest asset manager, enterprises view Mirae Asset as a strategic investor, providing us with a clear advantage for sourcing proprietary deals.

In 2011 Mirae Asset Private Equity acquired the Acushnet Company – owners of the world famous golf equipment brand, Titleist – in a deal that was acclaimed as "Best Korea Deal of the Year" by Finance Asia Magazine in 2011.