[2025 Asia Fund Awards] "Expecting Innovative Fund Product Launch"
Mirae Asset Global Investments Wins Grand Prize
Asia Economy comprehensively reviewed fund products that recorded favorable returns last year. In the 16th annual 'Asia Fund Awards,' representative products for balanced and stable life planning, such as target date funds (TDF), attracted strong interest from investors, and awards were given to fund products and management companies with good performance in exchange-traded funds (ETFs) and other categories.
The net asset size of the domestic fund market reached 1,098 trillion KRW at the end of last year, an increase of 127 trillion KRW compared to the end of 2023. It has steadily grown since surpassing 1,000 trillion KRW in the first quarter of last year. Leading domestic asset management companies quickly launched new ETF products that meet the needs of financial consumers and contribute to asset growth. Recently, the net asset size of domestic listed ETFs exceeded 190 trillion KRW. As the retirement pension market grows and individual asset management demand increases, the TDF market is also rapidly expanding. With the full implementation of the default investment option system, domestic asset managers have introduced TDFs that can steadily increase returns while maintaining stability.
The grand prize winner of the Asia Fund Awards was Mirae Asset Global Investments. It is emerging as a global asset management company by standing out not only in the domestic but also in the global ETF market. Last year, Mirae Asset's global ETF assets under management surpassed 200 trillion KRW, increasing by 62 trillion KRW in just one year. Mirae Asset's ETF brand 'Global X' has launched various products in countries including the United States, Australia, Hong Kong, Japan, the United Kingdom, Ireland, Brazil, and Canada. By applying localization strategies that reflect each country's market conditions and investor characteristics, combined with synergies from the Mirae Asset Group, it is enhancing brand value in the global ETF market.
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Financial authorities, the Korea Financial Investment Association, and the asset management industry are working together to revitalize the fund market. If innovative and diverse fund products continue to be launched, not only ETFs and TDFs but also other products, financial consumer satisfaction can be improved. Through the Asia Fund Awards, it is expected that asset management companies with excellent performance will grow further, and those with less satisfactory results last year will make greater efforts.
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