Growth of ETF Market and Personnel Shifts
The rapid growth of the Exchange-Traded Fund (ETF) market has intensified the competition for talent acquisition in the financial investment industry. Lee Kyung-jun, a senior director at Mirae Asset Management, has joined Kiwoom Asset Management to lead ETF operations and marketing. Mirae Asset currently holds a 35.95% market share, the second position in the ETF market, with a gap of only 2.14 percentage points from the leader Samsung Asset Management. In contrast, Kiwoom Asset Management is in the sixth position with a 2.13% market share and is working to consolidate its branding under 'KIWOOM.' This reflects the continued personnel movements within the expanding ETF market.
Mirae Asset Management has surpassed 380 trillion won in global assets under management, establishing itself as a significant global financial entity. It operates in 16 regions globally, with approximately 173 trillion won managed overseas. In the global ETF market, it records 620 products and 197 trillion won in net assets, showcasing its strength. This expansion is attributed to Mirae Asset's strategic acquisitions of ETF managers in the U.S., Canada, and Australia, broadening its global network. Recently, Chairman Park Hyeon-joo received the 'International CEO of the Year Award' from the International Management Association, solidifying the firm's standing in the global market.
Related News
뉴스핌2025 1月 24
Mirae Asset Global Investments Surpasses KRW 380 Trillion in Assets under Management - NewsPim[Seoul=NewsPim] Reporter Han Ki-jin = Mirae Asset Global Investments' assets under management have surpassed KRW 380 trillion. This achievement, realized 21 years after overseas expansion, is regarded as a leap forward as a global asset management firm. As of the end of November 2024, Mirae Asset Global Investments' total domestic and international assets under management (AUM) amount to KRW 380 trillion.
Korea Investment to Hana followed by Mirae to Kiwoom… Talent War Amid ETF's Rapid Growth - EdailyAs the Exchange Traded Funds (ETF) market experiences rapid growth, a talent war is underway. According to the financial investment industry on the 24th, Lee Kyung-joon, the former head of the Strategic ETF Management Division at Mirae Asset Global Investments, has reportedly been recruited as the executive director in charge of ETF operations and marketing at Kiwoom Asset Management. Lee, formerly from Samsung Asset Management, joined in 2022 ...