Park Han-sol reports on Korea's financial regulators, along with fintech and insurance. She previously wrote about the art world, from biennales and exhibitions to fairs and auctions, with a focus on Seoul and the figures shaping the scene. Before joining The Korea Times, she spent a year at ABC News' Seoul bureau, contributing to coverage of major Asia-Pacific events.
Mirae Asset surpasses $263.7 bil. in global ETF assets
Courtesy of Mirae Asset Global Investments
By Park Han-sol
Mirae Asset Global Investments’ global exchange-traded fund (ETF) assets under management have surpassed 400 trillion won ($263.7 billion), reaching the milestone just five months after topping 300 trillion won at the end of 2025, the company said Monday.
As of Sunday, the firm’s ETF assets stood at around 421 trillion won across 13 markets, including Korea, the United States, Australia, Europe, Hong Kong and Japan. According to ETFGI, this total ranks Mirae Asset as the world’s 12th-largest ETF manager.
The latest milestone comes as the company’s two flagship ETF platforms in Korea and the U.S. near the $100 billion threshold in assets.
TIGER ETF, its domestic ETF franchise, managed roughly 160 trillion won at the end of May. Meanwhile, its U.S. subsidiary Global X’s assets have climbed to $98.6 billion from $8 billion when Mirae Asset first acquired the business in 2018.
In Korea, much of TIGER’s growth has been fueled by retirement and long-term investment flows into benchmark index funds tracking the KOSPI 200, S&P 500 and Nasdaq 100. The firm has also gained traction in thematic strategies focused on semiconductors and the space industry.
Its flagship Semiconductor Top 10 ETF is now the country’s largest thematic fund by assets, while a single-stock leveraged product tied to SK hynix shares set a record for first-day retail purchases. A U.S. space technology ETF has also grown beyond 2 trillion won in assets, making it Korea’s largest space-themed ETF amid rising investor interest tied to expectations for the upcoming SpaceX listing.
Overseas operations have also benefited from strong demand for semiconductor-related investments. In Hong Kong, Global X funds targeting China’s chip supply chain and leading Asian semiconductor companies, including TSMC, Samsung Electronics and SK hynix, have attracted fresh inflows during the recent artificial intelligence-driven rally.
Separately, Mirae Asset is expanding its ETF tokenization business. Through Ondo Finance, it has increased tokenized offerings linked to several flagship ETFs and plans to launch a tokenized share class of Hong Kong’s first covered-call ETF in the third quarter.
“With TIGER ETF in Korea and Global X in the U.S. both approaching the $100 billion mark, we are reaching a new stage in our global ETF business,” said Kim Young-hwan, head of Mirae Asset’s innovation and global business division.