Mirae Asset expands non-domestic business

Mirae Asset Global Investments, the international arm of South Korea’s Mirae Asset, is diversifying further beyond its domestic base in terms of both product manufacture and distribution. Having hired a new Asia-Pacific chief marketing officer (CMO) last month, the emerging-markets specialist is seeking an institutional sales head for the region and is expanding its international investment teams in Hong Kong and elsewhere. The plan is to increase headcount from 71 to 80 in Hong Kong …