Discovering and Investing in New Growth Companies
[Asia Economy Reporter Minwoo Lee] Mirae Asset Global Investments has launched a fund that invests in overseas companies expected to lead the market amid structural social changes such as untact (contactless) trends.
On the 28th, Mirae Asset Global Investments announced the launch of the 'Mirae Asset Global Next Normal Fund.' This product focuses on investment themes arising from structural social changes such as the 4th Industrial Revolution, contactless society, digitalization, e-commerce, disease overcoming and healthcare, and rediscovery of space (home). It analyzes industries and trends expected to lead the next 10 years and seeks business models aligned with social structural flows to concentrate investments in related global companies.
The investment targets are composed by business type, and the portfolio is constructed considering momentum, industry growth potential, valuation, and sustainability. Through bottom-up analysis, investment targets are selected by evaluating individual companies' investment suitability and expected returns relative to risks. By managing the investment universe of innovative companies, the fund captures new trends not currently invested in and manages risks of the stocks currently held.
They emphasized that differentiated research capabilities through Mirae Asset’s global network in the US, Hong Kong, and other locations are a strength. The Mirae Asset Global Investment Headquarters regularly communicates to share investment ideas, global issues, and market conditions with overseas bases and discusses asset allocation directions. As a result, on the 26th, according to the Korea Financial Investment Association, the fund ranked first in overseas equity fund assets under management, holding nearly a 30% market share.
Subscription to the product is available nationwide at KB Kookmin Bank branches and online. A gift event for subscribers will be held until the end of August. Detailed information can be confirmed at the sales offices.
Myungjae Lim, Head of WM Marketing at Mirae Asset Global Investments, said, "The Mirae Asset Global Next Normal Fund captures investment opportunities amid accelerating social changes such as untact and digitalization," adding, "Based on new trends emerging after the COVID-19 pandemic, we will provide investors with investment solutions for the next normal era."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


