Mirae Asset's Global X Surpasses 100 Trillion Won in Assets Under Management in the US
Mirae Asset Management announced that Global X, its ETF subsidiary in the United States, has surpassed 100 trillion won in assets under management. This marks an impressive growth of 13 times in just seven years since its acquisition in 2018, and Global X now manages 101 ETFs. Notable products include 'Global X Defense Tech' and 'Artificial Intelligence & Technology,' with AI-based ETFs garnering significant attention.
Mirae Asset Management's global ETF net assets have reached 262 trillion won, ranking 12th globally, with an annual growth rate of 37.7% over the past five years. This growth underscores Mirae Asset's continued strengthening of its competitive edge in the global ETF market. The launch of innovative investment solutions, such as those centered around AI, has been a key factor driving their expansion of the investor base.
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Mirae Asset's US ETF Subsidiary 'Global X' Surpasses 100 Trillion Won in Assets Under Management - Business PostMirae Asset's US ETF Subsidiary 'Global X' Surpasses 100 Trillion Won in Assets Under Management
Mirae Asset Global X surpasses 100 trillion won in total assets under management in the US - Business PlusMirae Asset Management announced on the 16th that Global X, its ETF management subsidiary, has surpassed 100 trillion won in assets under management (AUM) in the US market. Since its acquisition in 2018, the net asset size has grown by 13 times in about seven years, establishing itself as a global ETF manager in the world's largest ETF market, the US. As of the 15th, Global X manages 101 ETFs in the US, with a total of 73.5 billion dollars in assets under management (104.993 trillion won based on Korean currency). When Mirae Asset Management acquired Global X in 2018, the assets under management were around 10 billion dollars (approximately 8 trillion won), but by the end of 2023,