Mirae Asset Management has entered the era of 600 trillion won in total assets under management (AUM). The milestone reflects the combination of its global exchange-traded fund (ETF) business, growth in its domestic TIGER ETF lineup, and expansion of key businesses including pensions, OCIO and real estate.

Mirae Asset Management said on Sunday its total AUM stood at 624 trillion won as of end-April. AUM was about 250 trillion won at end-2022, surpassed 300 trillion won in 2024 and topped 500 trillion won in 2025. It has more than doubled in a little over 2 years, moving into the 600 trillion won range.

Its global ETF subsidiary Global X currently manages 747 ETFs across 13 markets including South Korea, the United States, Canada, Australia, Europe, Hong Kong and Japan. It ranks 12th in the global ETF market.

In global markets, it is also expanding a tokenised ETF business that combines ETFs and blockchain. The global tokenisation platform currently trades theme-based ETFs including copper, uranium and infrastructure. It plans to introduce Hong Kong's first covered call ETF in tokenised form during the third quarter.

In South Korea, TIGER ETFs have shown notable growth. In particular, the TIGER Semiconductor TOP10 ETF, structured around Samsung Electronics and SK Hynix, saw net assets surge to 10.3 trillion won at end-April from 2 trillion won at the start of the year. It ranked first among domestic equity-themed ETFs and third in net assets among all ETFs.

ETF use is also expanding in the pension market. Mirae Asset Management has maintained the top spot in pension fund assets and in TDF market share since introducing South Korea's first target-date fund (TDF).

It is also strengthening its capabilities in the outsourced chief investment officer (OCIO) business for managing public funds. Following its selection last year as a managing firm for the pension fund investment pool, it also ranked first this year in an evaluation of dedicated managers for the Housing and Urban Fund.

In real estate investing, it continues to invest in key assets at home and abroad. It recently brought global five-star hotel brand JW Marriott to Gyeongdo in Yeosu, the first such move in the Honam region.

It is also expanding its market presence by securing about half of a domestic core real estate blind fund backed by investors including the National Pension Service, the Korea Post and the Korea Federation of SMEs.

Lee Jun-yong (이준용), vice chairman of Mirae Asset Management, said, "We are broadening the investor base in both global and domestic markets." He added, "We will make AI a core growth engine and establish ourselves as a leading global asset manager."