News

Mirae Asset and Global X acquire ETF Securities

AcquisitionSouth Korea-based Mirae Asset Global Investments has completed its acquisition of Australia-based ETF Securities. The transaction expands Mirae Asset’s global ETF footprint as well as its presence in the Australian market. The asset manager’s global ETF platform covers Europe, Asia and the Americas and the addition of ETF Securities brings the firm’s ETF assets under management to more than US$85billion. Also involved in the acquisition is New York-based Global X ETFs, a Mirae Asset subsidiary. No financvial details of the transaction were disclosed. “This acquisition underscores Mirae Asset’s continued commitment to maintaining industry-leading ETF businesses in key markets around the world and brings immediate scale to our operations in Australia,” said Byungsung Lee, CEO of Mirae Asset Global Investments. © 2022 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...

Roundtables

Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.