Search results for Gyeongdo
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.
Finance
Fintech hot issue: Financial markets sway on high oil prices and weak won; refinancing loan war breaks out
Financial market jitters in South Korea are growing as the Middle East war drags on, pushing oil prices higher and strengthening the dollar. The won has risen above 1,500 per dollar, near the highest level in about 17 years, while foreign outflows add to volatility in the KOSPI. Separately, banks, internet-only lenders and fintech platforms are intensifying competition for sole proprietor refinancing loans as infrastructure opens up.
Finance
Mirae Asset to develop Honam region\'s first five-star JW Marriott hotel on Yeosu Gyeongdo
Mirae Asset Management said on Thursday it will develop a JW Marriott hotel on Gyeongdo in Yeosu, South Jeolla province, marking the first global five-star hotel brand in the Honam region. The company held a signing ceremony on Wednesday in Seoul for a management contract for the hotel site within the Yeosu Gyeongdo development area. Mirae Asset is investing about 1 trillion won in the broader development, targeting completion in 2029.