Mirae Asset surpasses $721 bil. AUM, cements position as global investment leader

Mirae Asset Financial Group has surpassed 1,000 trillion won ($721.18 billion) in assets under management (AUM), marking a major milestone in its nearly 30-year journey from a 10-billion-won startup to Korea’s leading global financial company. The Seoul-headquartered firm reported 1,024 trillion won in AUM — the total market value of assets it manages on behalf of clients — based on its latest performance as of July. This achievement reflects the group’s rapid growth since founder and Global Strategy Officer (GSO) Park Hyeon-joo established Mirae Asset Capital in July 1997 with just over 10 billion won, laying the foundation for a broad network of affiliates across securities, asset management, investment banking, insurance, consulting and more. Groupwide AUM has been rising rapidly, reaching 1,000 trillion won in less than a year after standing at 906.6 trillion won in December 2024. The group operates across 19 locations worldwide, including Hong Kong, where Mirae Asset Global Investments became the first Korean asset management company to establish an overseas presence in 2003