Mirae, Daiwa launch Asia-Pacific equity fund
The South Korean and Japanese asset managers are looking to compete in a very crowded space with the first co-managed product they have launched outside their home markets.
Mirae Asset Global Investments, the international arm of Korea's Mirae Asset, has launched an Asia-Pacific equity fund that is co-managed by Japan’s Daiwa Asset Management.
The Mirae Next Asia Pacific Equity Fund is the first product co-managed by Daiwa and Mirae to be launched outside Japan and Korea. The two firms have been collaborating since 2010 and have launched 14 funds, which have only been sold in their respective home markets.
The firm is preparing to seek approval fro…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.