Mirae Asset ranks No. 11 globally as ETF assets reach $282 bil.

Mirae Asset Global Investments has reached a significant milestone as its global exchange-traded fund (ETF) assets grew to $282 billion, positioning the company as the 11th largest ETF manager worldwide. As of August 17, the asset manager managed 389 trillion won in assets, distributed across 775 ETFs in various countries including Korea, the U.S., Canada, Australia, India, and Japan. According to ETF Global Insight, this makes Mirae Asset the second-largest ETF manager in Asia, behind Nomura.

The company's ETF assets have experienced a remarkable growth rate of 37.4 percent annually over the past decade, significantly outpacing the global ETF industry's growth rate of 21.7 percent during the same period. This acceleration has been particularly evident in international markets. Mirae Asset's U.S. arm, Global X US, has surpassed the $100 billion mark in assets, nearly 18 times the $8 billion it managed when acquired by Mirae Asset in 2018.

The growth trajectory is not confined to the U.S. alone. Global X EU has shown exceptional performance with an average annual growth rate of 223 percent over the past five years, while Global X Japan has crossed the 1 trillion yen mark in assets. These figures underscore Mirae Asset's dominance in the global ETF landscape and its ability to capitalize on international opportunities.