Mirae Asset Group said on the 2nd that it held a ceremony at the Four Seasons Hotel Seoul on the 1st to mark surpassing 1,000 trillion won in client assets (AUM).
As of the end of September this year, Mirae Asset Group's total AUM was tallied at about 1,055 trillion won. The milestone comes 28 years after its founding in Jul. 1997 with capital of 10 billion won.
Park Hyeon-joo, chairman and global strategist officer (GSO) of Mirae Asset Group, said at the event, "The combined efforts of all employees worldwide have made today's Mirae Asset," adding, "Compared with 900 trillion won at the end of last year, we are currently recording a 20% growth rate, and at the current pace, Mirae Asset's assets under management are expected to approach 7,000 trillion won in 10 years."
Park also stressed, "Past growth does not guarantee the future," and "Now is the time to once again pursue digital-based financial innovation." He added, "Mirae Asset is thoroughly preparing a business that integrates traditional assets and digital assets in the global market, and will grow into a company leading the era of digital finance worldwide."
To commemorate reaching 1,000 trillion won in client assets, Mirae Asset Group plans to continue pursuing client-centered business. Park said, "Our Mirae Asset's goal is very simple," adding, "First and second, it is client first. All executives and employees will do our utmost to increase clients' assets."