Mirae Asset Global Investments Surpasses 50 Trillion KRW in Total Bond Fund Assets Under Management
Mirae Asset Global Investments announced on the 10th that the total assets under management (AUM) of its bond funds have surpassed 50 trillion KRW.
As of the 9th, the total AUM of bond funds managed by Mirae Asset Global Investments reached 50.2 trillion KRW. From a global perspective, Mirae Asset Global Investments, which manages both Korean won-denominated bonds and overseas bonds, has achieved approximately 12% growth over the past year since surpassing 45 trillion KRW in April last year, through a balanced global portfolio composition and diversification of management strategies amid rapidly changing market conditions.
Overseas bond funds have shown rapid growth, surpassing 9 trillion KRW in total AUM last August through steady investment expansion by major domestic pension funds and government agencies, and recently exceeding 10 trillion KRW. Mirae Asset Global Investments’ overseas bond funds provide suitable solutions according to market phases through a diverse product lineup including government bonds and corporate bonds from developed and emerging countries.
Funds investing in US dollar bonds (Mirae Asset US Dollar Bond Securities Investment Trust No.1) and Indian bonds (Mirae Asset India Bond Securities Investment Trust No.1) have maintained stable growth with returns in the 13% range over the past year, continuing to attract steady capital inflows.
Domestic bond funds are also maintaining solid performance. Amid expectations of further interest rate cuts this year, more than 3 trillion KRW of institutional and individual investor funds have flowed into Mirae Asset Global Investments’ domestic bond funds since the beginning of the year. The 'TIGER Comprehensive Bond (AA- or higher) Active ETF (451540)' recorded net assets of 878.6 billion KRW as of the 9th, more than doubling compared to 410 billion KRW in April last year. The 'Mirae Asset Solomon Bond Fund Series,' which invests in government and public bonds, also gained popularity, leading the growth of domestic bond funds.
Mirae Asset Global Investments offers a balanced bond portfolio based on the group’s global network and advanced AI/quantitative research capabilities. It actively discovers investment opportunities across domestic and international bond markets based on various factors such as market interest rates, liquidity conditions, and client investment preferences, focusing on maintaining a balance between risk management and return pursuit.
Seo Jae-chun, Head of the Bond Management Division at Mirae Asset Global Investments, stated, "Mirae Asset Global Investments has managed its bond funds under the philosophy that solid and balanced management amid the bond market’s sharp volatility is the foundation of long-term performance." He added, "We will continue to respond proactively to market changes and provide stable solutions that meet the diverse investment objectives of our clients."
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