The four analysts are based in New York and report to Jose Gerardo Morales, chief investment officer. They are responsible for providing research and analysis in support of Mirae Asset USA’s mutual funds and international sub-advisory portfolios. The additions bring the total number of equity investment professionals with Mirae Asset USA to eight.
“We are committed to growing our investment infrastructure in the US and building upon Mirae Asset’s reputation as a leading source of global investment expertise,” said Peter Graham, CEO of Mirae Asset USA. “Each of these new analysts brings a wealth of experience, diverse expertise and deep understanding of the markets or sectors they cover.”
In Asia, Mirae has offices in South Korea, Hong Kong, India, Taiwan, China, Vietnam and an ETF operation in Australia.
Outside of Asia, it has a presence in the US, UK, Canada, Columbia and Brazil, and a Dubai office is under consideration. The firm’s AUM has grown to around $70bn from $50bn over the last two years.