Global X Japan Surpasses 100 Billion Yen AUM After Over Two Years

Mirae Asset Global Investments announced on the 30th that its Japanese joint venture, Global X Japan, has surpassed assets under management (AUM) of 100 billion yen, approximately 1 trillion KRW. This achievement was reached just over two years after launching its first product since the company's establishment, reflecting its recognized competitiveness in the Japanese market through remarkable growth.

Global X Japan is Japan's only ETF specialist asset manager, established in September 2019 as a joint venture between Mirae Asset Global Investments' U.S. ETF subsidiary Global X and Japan's Daiwa Securities Group. The Japanese ETF market, valued at about 60 trillion yen, is dominated by index-tracking ETFs such as TOPIX and Nikkei225, which account for 85% of the market. However, from its inception, Global X Japan has highly valued the growth potential of thematic and income ETFs and has focused on thematic, income, and core ETFs.

Global X Japan first listed the ‘Global X MSCI SuperDividend® Japan ETF’ on the Tokyo Stock Exchange in August 2020 and has since introduced a total of 27 ETFs. Representative products include the ‘Global X Japan Semiconductor ETF,’ which invests in Japanese semiconductor equipment and materials companies leading the global semiconductor market, and the ‘Global X Japan Game & Animation ETF,’ which invests in Japan’s gaming industry with strong IP and content competitiveness. Recently, it has also attracted attention by launching overseas-themed and income products investing beyond Japan, particularly in the U.S. market, such as the ‘Global X S&P 500 Dividend Aristocrats ETF.’

By continuously strengthening its lineup of thematic and income ETFs to meet the diverse demands of Japanese investors, Global X Japan has grown into an asset manager managing 100 billion yen (approximately 1 trillion KRW) just over two years after entering the Japanese ETF market with its first product. Especially, it achieved rapid growth in AUM by gaining explosive attention from Japanese investors for innovative themes and through local marketing and independent fundraising efforts.

A representative of Global X Japan stated, “Thematic and income-focused ETFs are still in the early stages in the Japanese market, but they are attracting significant interest not only from local retail investors but also from large domestic insurers and other institutions. Considering the scale of Japan’s economy, continuous growth is expected. Global X Japan will continue to diversify its ETF lineup to strengthen its position in Japan and expand investors’ choices.”