Mirae Asset Global Investments doubles assets under management to $400B

SEOUL, May 18 (UPI) -- South Korea's Mirae Asset Global Investments said Monday it doubled its assets under management, or AUM, over the past two years to surpass $400 billion, thanks to strong growth in its flagship investment platforms.

The Seoul-based company noted that its total AUM was $415 billion as of the end of April, two years after surpassing the $200 billion mark in 2024. The figure climbed to $330 billion in 2025.

Mirae Asset said that the fast growth was fueled by its representative affiliate Global X, which operates 747 exchange-traded funds, or ETFs, across 13 markets, including the United States, South Korea, Canada, Europe and Japan.

An ETF is an investment fund that tracks the performance of a stock index or other assets. Unlike traditional mutual funds, it is traded on stock exchanges like ordinary shares.

In the domestic market, Mirae Asset has strengthened its presence through the TIGER ETF lineup, which invests in promising equities both at home and abroad.

The said it will pursue growth through AI-driven investment strategies. Toward that goal, it has funneled resources to U.S.-based AI unit Wealthspot and Australian robo-adviser Stockspot.

"In the global market, we keep driving innovative growth through differentiated investment solutions, while in the domestic market, we are broadening the investment landscape centered on our TIGER ETFs," Vice Chairman Lee Jun-yong said in a statement.

"By leveraging AI as our core growth engine, we will lead innovation with more sophisticated investment solutions and solidify our position as a leading global asset manager," he added.

Mirae Asset Global Investments is not publicly traded.

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This story was originally published May 18, 2026 at 8:50 AM.