Mirae Asset Global Investments Holds the 4th OCIO Forum

[Asia Economy Reporter Junho Hwang] Mirae Asset Global Investments announced on the 22nd that it held the 4th General External Outsourced Investment Management (OCIO) Forum at the Four Seasons Hotel in Gwanghwamun on the 17th.

The forum, held under the theme of 'Asset Management Policies for Long-term Investment,' was attended by over 160 participants, providing an opportunity to discuss ways to enhance OCIO asset management levels amid market uncertainties.

Among the four sessions, the first session featured a presentation by Youngdo Kim, Senior Research Fellow at the Korea Financial Research Institute, on 'Post-COVID-19 Society and Economy,' followed by a panel discussion on 'Prospects for Post-COVID-19 Society and Economy.'

The second session focused on 'ESG Policies and Long-term Investment,' with a keynote presentation by Professor Jiyoon Lee of Yonsei University and a panel discussion on 'Measures to Activate ESG Investment.'

The third session, themed 'A New Paradigm of Asset Allocation Models,' included a presentation by Professor Bongkyu Jang of Pohang University of Science and Technology and a panel discussion on 'Asset Allocation Models for Long-term Investment.' The fourth session featured a presentation by Jaewoo Nam, Senior Research Fellow at the Korea Capital Market Institute, on 'Retirement Pensions and OCIO,' followed by a panel discussion on 'The Role of OCIO in the Development of the Retirement Pension System.'

Kyungjoo Choi, Vice Chairman of Mirae Asset Global Investments, said, "Since the introduction of public fund OCIOs, the adoption of OCIOs in the private sector has expanded, and there have been significant advancements in the OCIO asset management system. We organized this forum to contemplate the progressive role of OCIOs."

Mirae Asset Global Investments has been strengthening its OCIO business, including a reorganization carried out in April. Through the establishment of a new 'OCIO General' organization, the existing three-tier structure of 'Division-Headquarters-Team' was expanded to a four-tier structure of 'General-Division-Headquarters-Team.' Additionally, three divisions?Housing and Urban Fund Management Division, Investment Pool Management Division, and Corporate OCIO Division?and one OCIO Research Center were placed under the OCIO General. Furthermore, the Corporate OCIO Division was renamed the OCIO Solutions Division.

A representative from Mirae Asset Global Investments stated, "With the reorganization, we established a control tower and enhanced our response capabilities to the growing OCIO market by leveraging the expertise of each department." Mirae Asset Global Investments was selected as the weekly manager of the pension fund investment pool last year and has been selected as the weekly manager of the Housing and Urban Fund for three consecutive years this year.