Trends and Future Prospects of the ETF Market
Mirae Asset's subsidiary, Global X in Australia, aims to reach A$20 billion in assets under management by 2027, having already surpassed A$10 billion. Global X Australia is expanding its market presence by offering a variety of investment opportunities in innovative sectors such as AI, Chinese technology, cybersecurity, and semiconductors.
Meanwhile, the domestic ETF market has rapidly expanded to around KRW 200 trillion, with Samsung's KODEX ETF and Mirae Asset's TIGER ETF recording KRW 80 trillion and KRW 70 trillion, respectively. Despite the diversification in the ETF count, with 996 ETFs available, some, particularly those related to the metaverse, are being delisted due to a lack of robust revenue models. Large firms are adjusting their metaverse ETFs to align with current market trends, while smaller companies are swiftly withdrawing unsuccessful ETFs. Delisted ETFs ensure that investors receive dividend redemption payments.
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