mirae asset euromoney
Scope
Date
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ASK 2023
Prepare for long-term, illiquid asset management: Korean investors
South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...
Oct 26, 2023 (Gmt+09:00)
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ASK 2023
Stability prioritized over risk-taking assets: Korean investors
South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023
NPS to expand listed REIT, private debt investments
South Korea’s National Pension Service (NPS) will increase investing in real estate debt and listed real estate investment trusts (REITs) next...
Oct 25, 2023 (Gmt+09:00)
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ASK 2023
KIC eyes private debt, infrastructure in era of high interest rates
Sovereign wealth fund Korea Investment Corp. (KIC) is eyeing infrastructure and private debt in the era of higher-for-longer interest rates, while m...
Oct 25, 2023 (Gmt+09:00)
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Leadership & Management
Mirae Asset promotes Indian unit head to vice chairman
Mirae Asset Financial Group, South Korea’s leading financial conglomerate, on Monday promoted Swarup Mohanty, the head of its Indian asset man...
Oct 23, 2023 (Gmt+09:00)
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Korean games
S.Korean game developer Smilegate, angel of local startups
Smilegate, South Korean developer of the world’s top first-person shooter game Crossfire, is raising investments in domestic startups despite ...
Oct 22, 2023 (Gmt+09:00)
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Venture capital
S.Korean VCs go global for breakthrough
South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC dro...
Oct 19, 2023 (Gmt+09:00)
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Real estate
Blackstone names Koramco preferred bidder for $553 mn landmark
Blackstone Inc. has tapped South Korea’s Koramco REITs Management and Trust Co. as the preferred bidder for prime office building Arc Place, t...
Oct 19, 2023 (Gmt+09:00)
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Construction
Taeyoung to sell cash cow to shore up ailing construction arm
South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...
Oct 18, 2023 (Gmt+09:00)
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Real estate
Brookfield puts Conrad Seoul on market at over $370 mn
Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...
Oct 17, 2023 (Gmt+09:00)
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Real estate
Mirae Asset puts HI Investment headquarters on the market
South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...
Oct 12, 2023 (Gmt+09:00)
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Real estate
Mirae Asset Securities puts its Yeouido building on the market
Mirae Asset Securities Co. is seeking to sell off its Seoul-based office building, the value of which is estimated at around 300 billion won ($223.7...
Oct 11, 2023 (Gmt+09:00)
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Bio & Pharma
Ildong Pharma to spin off R&D subsidiary in Nov
South Korea’s Ildong Pharmaceutical Co. will spin off its research and development (R&D) unit into the subsidiary Yunovia from Nov. 1.&nbs...
Oct 06, 2023 (Gmt+09:00)
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Cryptocurrencies
Com2uS XPLA listed on S.Korea's crypto exchange Gopax
South Korea's Com2uS Holdings Corp. announced on Monday that the cryptocurrency called XPLA used in the Com2uS Group's blockchain mainnet of the s...
Sep 25, 2023 (Gmt+09:00)
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Private equity
Shinyoung Asset, Baillie Gifford launch global growth stock fund
Shinyoung Asset Management Co. has joined hands with Baillie Gifford & Co., a UK investment management firm, to launch a long-term growth stock ...
Sep 21, 2023 (Gmt+09:00)
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Korean chipmakers
SK Enpulse to sell off chip processing units in China
SK Enpulse Co., a South Korean semiconductor part and equipment maker, said on Wednesday it will sell off its chip pre-manufacturing processing unit...
Sep 13, 2023 (Gmt+09:00)
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Blockchain
Mirae Asset teams up with Polygon Labs for tokenized securities
South Korea’s Mirae Asset Securities Co. has partnered with Polygon Labs, a New York-based global blockchain company, for financial tokenizati...
Sep 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK Ecoplant to build data center linked to landing station in Pohang
South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...
Sep 08, 2023 (Gmt+09:00)
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Real estate
Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn
Shinhan REITs Management Co., a real estate investment arm of South Korea’s Shinhan Financial Group, is poised to acquire a 65.8% stake in the...
Sep 05, 2023 (Gmt+09:00)
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Blockchain
Hana Bank to enter digital asset custody sector with BitGo
South Korea's Hana Bank on Tuesday said it signed a strategic business agreement with BitGo, a Palo Alto, California-based global digital asset cust...
Sep 05, 2023 (Gmt+09:00)
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Asset management
Mirae Asset No. 1 among overseas asset managers in India
MUMBAI – South Korea’s Mirae Asset Global Investments Co., managing 22 trillion won ($16.7 billion) in India, ranks No. 1 among overseas...
Sep 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset seeks to buy India’s 9th-largest brokerage Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...
Aug 31, 2023 (Gmt+09:00)
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Leadership & Management
SK Group commemorates chairman's 25th year since inauguration
SK Group, South Korea’s No. 2 conglomerate, will commemorate the 25th anniversary of Chey Tae-won’s inauguration as chairman on Sept. 1....
Aug 31, 2023 (Gmt+09:00)
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Cryptocurrencies
WEMIX listed on US virtual asset exchange Tapbit
South Korean game publisher WeMade Co. announced on Thursday that its cryptocurrency WEMIX will be listed on the US cryptocurrency exchange Tapbit.&...
Aug 31, 2023 (Gmt+09:00)
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Asset management
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
Aug 28, 2023 (Gmt+09:00)
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Pension funds
NPS likely to give full rights on asset managment to experts
The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, is poised to give investment experts full rights ...
Aug 25, 2023 (Gmt+09:00)
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Investment banking
Mirae Asset Securities exceeds $3 bn in overseas equity
Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...
Aug 22, 2023 (Gmt+09:00)
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Banking & Finance
KB, Shinhan, Woori improve rankings on Top 1,000 bank list
South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...
Aug 22, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS to develop AI digital textbook with Mirae N
South Korea's largest cloud computing service provider LG CNS Co. on Wednesday signed an agreement with Mirae N, an educational content provider, on...
Aug 17, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset Global Investments buys Australian robo-advisor firm
South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...
Aug 16, 2023 (Gmt+09:00)
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