Mirae lines up Asia-Pacific range

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Mirae Asset Global Investments is looking to launch nine emerging market SICAV funds targeting the Asia-Pacific region.

The Luxembourg-domiciled funds will aim to provide long-term capital growth through bottom-up analysis and high conviction, alpha-generating stockpicking. Slated for launch in two stages in June and July, the SICAV range will mirror Mirae Asset's existing Korean-domiciled funds, and will be managed by the same local portfolio managers. Hendrik Cosijn von Ripperda and Andrew Lawley, recently appointed as head of European (ex-UK) distribution and head of UK distribution and global consultant relationships respectively, will have a vital role in implementing the launch of the nine funds. ...

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