Mirae Asset Management will expand its investment solutions focused on innovation themes such as semiconductors, major U.S. indexes and artificial intelligence, as it marks the 20th anniversary of launching exchange-traded funds (ETFs).

Mirae Asset Management first listed the TIGER Semiconductor ETF and the TIGER Bank ETF on the Korea Exchange in June 2006.

In South Korea, it is strengthening its semiconductor ETF lineup. As of June 24, the TIGER Semiconductor TOP10 ETF had net assets of about 12 trillion won, the largest among domestic semiconductor ETFs.

Its global ETF business has also expanded. Mirae Asset Group Global Strategist Office (GSO) Chairman Hyun-joo Park (박현주) stepped up the global ETF business after acquiring U.S. ETF manager Global X.

Mirae Asset Management currently runs ETFs in major markets including the United States, Japan, Canada, Australia and Europe, with total net assets of 428 trillion won. It has grown into the world’s 11th-largest manager by ETF net assets.

Jun-yong Lee (이준용), vice chairman of Mirae Asset Management, said the past 20 years had broadened the possibilities of the ETF business, and the next 20 years would be a time to make a greater leap as a global investment platform. He said it would continue to introduce differentiated investment solutions.