Mirae Asset Daewoo Wins '2020 Asia Capital Investment Award'

[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo has been honored with the Grand Prize at the '2020 Asia Capital Investment Awards.'

Now in its 14th year, the Asia Capital Investment Awards were established to boost the morale of financial investment companies that serve as a driving force for corporate development through fostering a healthy capital market and provide individuals with opportunities to grow their assets.

Mirae Asset Daewoo, the recipient of the Financial Services Commission Chairman's Award, the grand prize, has become a leading domestic securities firm by being the first in the industry to surpass 9 trillion KRW in equity capital. In the second quarter, it recorded a net profit of 304.1 billion KRW, a 184% increase from the previous quarter, achieving the highest quarterly performance since the merger. It is also expected to be the first in the industry to reach a pre-tax profit of 1 trillion KRW this year. In this year's ESG rating announced by the Korea Corporate Governance Service, it was the first securities firm to receive an A grade.

Excellence awards in each category were given to Korea Investment & Securities (IB), Samsung Securities (WM), KB Securities (Research), and Hana Financial Investment (Financial Consumer Protection), among others. The Best Retirement Pension award was jointly awarded to Daishin Securities and NH Investment & Securities. Among the Best Fund Company awards, Mirae Asset Global Investments received the top prize for domestic equity funds, while Samsung Asset Management received it for overseas equity funds.

This year’s awards ceremony will not be held separately in consideration of the spread of the novel coronavirus (COVID-19).

This content was produced with the assistance of AI translation services.