Mirae launches landmark ETF, names new HK head

Seoul-based Mirae Asset is looking to gain a foothold in Asia's exchange-traded funds market with the launch today of its first ETF outside South Korea and Hong Kong’s first Kospi 200-referenced ETF. Present at the unveiling of the Tiger Kospi 200 ETF will be the new Hong Kong chief executive of Mirae Asset Global Investments (MAGI), the group’s international arm. Woong Park assumed the post this month, taking over from Peter Lee, who has moved to Seoul as managing director of MAGI’s …