| Mobile Web

Search results for Global X

Finance

Mirae Asset Management AUM tops 600 trillion won; growth accelerates with ETFs, pensions and AI

Mirae Asset Management said its total assets under management reached 624 trillion won as of end-April, surpassing 600 trillion won. It attributed growth to its global ETF business, the expansion of domestic TIGER ETFs, and broader businesses including pensions, OCIO and real estate. Its Global X unit runs 747 ETFs across 13 markets. The firm is also expanding tokenised ETF offerings and reported strong growth in a semiconductor-themed TIGER ETF.

AI & Enterprise

SoftBank surges 16.5% as AI rally spreads to Japan stocks

SoftBank Group shares surged 16.5% on Wednesday as buying swept across Japanese technology stocks, pushing the Nikkei 225 to a record high. Japan’s market, reopening after holidays, moved higher in semiconductor and AI-linked names. Advantest gained about 7.8%, Tokyo Electron rose 9.2% and Renesas Electronics jumped 13.8%. The move followed a U.S. AI-led rally, with the Nasdaq at a record and AMD, Arm and Super Micro Computer sharply higher.

Industry

Aerospace, defense investing spurs wave of space-themed ETFs

Rising interest in aerospace and defense is drawing attention to exchange-traded funds that invest directly in space infrastructure such as satellites, communications and navigation. Investors are showing more interest in products targeting space technology than broad aerospace and defense ETFs, CNBC reported. VettaFi\'s Cynthia Murphy cited Procure Space ETF and Global X Defense Tech ETF. Since late February, Procure Space rose about 19 percent while Global X Defense Tech fell 8 percent.