Yi Whan-woo is a Korea Times journalist primarily covering finance. He writes in-depth articles on macroeconomy and financial markets and previously covered sports, politics, diplomacy and inter-Korean affairs, among others. Feel free to contact him at yistory@koreatimes.co.kr.
Mirae Asset Global Investments tops $321 billion AUM
CEOs, executives and other experts from Mirae Asset Global Investments’ exchange-traded fund (ETF) market operations pose during the ETF Rally 2025 gathering at a hotel in Hawaii in February. Courtesy of Mirae Asset Global Investments
By Yi Whan-woo
Mirae Asset Global Investments has surpassed 450 trillion won ($321.42 billion) in total assets under management (AUM), constantly reaching new benchmarks as it advances its global expansion, the company said Monday.
After becoming the first Korean asset management firm to expand overseas in 2003, the company’s AUM reached 250 trillion won in 2022, 305 trillion won in 2023, 378 trillion won in 2024 and surpassed 400 trillion won in May this year.
The company’s growth reflects its embrace of cutting-edge technologies, including artificial intelligence (AI) and blockchain, which are reshaping the asset management industry and opening new frontiers for digital finance.
Employees of Global X, a subsidiary of Mirae Asset Global Investments, pose in front of the New York Stock Exchange in February 2024. Courtesy of Mirae Asset Global Investments
“The growth embodies innovation and trust, and we are continuously securing new growth drivers to reinforce our position as a leading global asset manager,” it said.
The company currently manages 456 trillion won in AUM across 16 regions, including the United States, Australia, Canada, Hong Kong, India and Japan.
Around 45 percent of the firm’s total assets are managed overseas, reflecting its success in delivering innovative “killer products” that have earned recognition among global investors.
Mirae Asset's capabilities in the global exchange-traded fund (ETF) market have become especially prominent.
Its global ETF assets stand at 250 trillion won, boasting an annual growth rate of 36.8 percent over the past decade — almost double the 19.5 percent average growth rate of global ETF managers during the same period.
The company is aggressively adopting advanced technologies to solidify its role as a long-term investment partner.
It introduced “M-ROBO,” Korea’s first AI-powered robo-adviser service for retirement pension management.
The company signed a memorandum of understanding with blockchain platform Avalanche to develop innovative financial solutions integrating blockchain technology.
The firm also plans to leverage synergies with global affiliates such as U.S.-based AI firm WealthSpot and Australia’s robo-adviser specialist Stockspot.