Mirae Asset’s 'M-ROBO' Surpasses KRW 16 Billion in Assets Under Management One Year After Launch
The retirement pension robo-advisor (RA) service "M-ROBO" by Mirae Asset Global Investments has surpassed KRW 16 billion in assets under management just one year after its launch.
On April 17, Mirae Asset Global Investments announced that M-ROBO has marked its first anniversary of providing services to subscribers of individual retirement pension (IRP) accounts.
Mirae Asset Global Investments launched the M-ROBO retirement pension RA service in April 2025, becoming the first comprehensive asset management company in Korea to do so. M-ROBO is a robo-advisor service that combines Mirae Asset Global Investments' global asset allocation expertise with a data-driven algorithm, providing IRP subscribers with personalized asset allocation and portfolio management.
As of April 15, M-ROBO had achieved cumulative assets under management (AUM) of approximately KRW 16.3 billion, with 5,341 accounts utilizing the service.
M-ROBO is characterized by its ability to automatically construct and adjust portfolios by reflecting each subscriber's investment preferences, goals, and market conditions. In particular, it applies a strategy of diversifying investments in both domestic and overseas assets through a global asset allocation-based portfolio. This enables subscribers with limited investment experience to more easily practice diversification and long-term investing.
In addition, Mirae Asset Global Investments has expanded the scope of the service through collaborations with retirement pension providers. Starting with Hana Bank on April 18 of last year, the service was subsequently rolled out to NH Nonghyup Bank, IBK Industrial Bank of Korea, and KB Kookmin Bank (in order of service launch), with further collaborations with two additional providers planned within this year.
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Tae Kyung Sung, Head of Channel Marketing at Mirae Asset Global Investments, stated, "Mirae Asset continues to introduce differentiated investment solutions in the retirement pension market based on its global network and operational know-how. M-ROBO was launched to promote an investment-focused asset management culture in the retirement pension sector. We will continue to expand cooperation with retirement pension providers and support stable retirement preparation for IRP subscribers through more advanced asset allocation solutions."
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