Kim Sang-yul, Director General of the exchange-traded fund (ETF) and quant management team at Hana Asset Management, is moving to Mirae Asset Global Investments. Kim is said to be receiving a Deputy Minister–level title at Mirae Asset Global Investments.

Hana Asset Management logo. /Courtesy of Hana Asset Management

On the 27th, according to the financial investment industry, Director General Kim is set to join the ETF management division at Mirae Asset Global Investments.

Director General Kim began a career in the securities industry as an analyst at the Samsung Securities research center. After joining Hana Asset Management (formerly Hana UBS Asset Management) in 2016, Kim has been a key portfolio manager for about 10 years, handling a range of products including domestic and overseas funds and ETFs.

A Hana Asset Management official said, "Internally, we feel a great sense of regret, as Kim is a key talent who has shown outstanding capabilities over a long period."

Meanwhile, there have been previous cases of moves from Hana Asset Management to Mirae Asset Global Investments. Last year, Kim Dong-myung, head of bond ETF management who had worked as a bond portfolio manager at Hana Asset Management for eight years, moved to Mirae Asset Global Investments.

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