|Horizons ETFs CEO Steve Hawkins, third from left, speaks during the 2019 Mirae Asset Global ETF Rally in Seoul, June 7. / Courtesy of Mirae Asset Global Investments|
By Jhoo Dong-chan
Mirae Asset Global Investments held its 2019 Mirae Asset Global Exchange Traded Funds (ETF) Rally for two days from June 7, the company said Tuesday. The event was held in two cities _ Seoul and Hongcheon.
The asset management firm's top-ranking officials, including Mirae Asset Global ETF division head Yun Joo-young, participated in the event to discuss the latest trends in the global ETF market and various investment strategies with BetaShares CEO Alex Vynokur, Horizons ETFs CEO Steve Hawkins and Global X CEO Luis Berruga.
Mirae Asset Global first entered the market with the Tiger ETF in 2006, and has since offered various ETFs to expand its global investment portfolio.
In 2011, Mirae Asset Global acquired Canada-based ETF powerhouse Horizon and Australian BetaShares to expand its business. It also acquired U.S.-based ETF rising star Global X last year.
"Global X has gained market attention by offering differentiated products investing in robot and artificial intelligence (AI)-related ETFs," a Mirae Asset Global official said.
"The firm's Global X CLOU ETF, a product investing in cloud computing technologies, has been one of the most popular overseas funds for domestic investors since it was listed on the Nasdaq."
Mirae Asset Global is also seeking to enter into emerging markets.
It listed an ETF product in Bogota, Colombia, in 2012, a first for an Asian asset management company to introduce an ETF product in Latin America.