Mirae Asset Management Surpasses 30 Trillion Won in Pension Assets
Mirae Asset Management has announced that their total pension-related assets have exceeded 30 trillion won, solidifying their strong position in the financial industry. The total trustee amount for pension funds is 12.5 trillion won, with Target Date Funds (TDF) accounting for 4.04 trillion won and capturing a 36.1% market share. The 'Mirae Asset Strategic Allocation TDF2045' fund has an impressive cumulative return of 103.3% since inception.
The growth is also driven by the TIGER ETF, with total net assets reaching 18.3 trillion won, indicating a substantial increase in investments, particularly in the US market. Over the past year alone, there was a notable asset increase of 9.5 trillion won. Chairman Park Hyun-joo of Mirae Asset emphasizes the importance of maintaining this growth through ongoing proactive investments and the development of innovative products.
This milestone is attributed to customer trust and positive market evaluations. It underscores Mirae Asset’s advantageous position in the pension sector, with plans to continue striving for growth by offering a wider range of competitive products.
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