Finance
Mirae Asset Securities launches retirement pension robo wrap service in IRP
Mirae Asset Securities on Aug. 5 launched a discretionary robo-adviser service for individual retirement pension (IRP) accounts. The “Retirement Pension Robo Wrap” has a robo-adviser build a global asset allocation portfolio and execute trades depending on market conditions. The company said the service is designed to reduce investors’ burden of choosing timing and securities, and to manage pension assets using algorithms and data. Cumulative robo-adviser accounts topped 140,000 as of end-July, with subscriptions exceeding 8.3 trillion won.
