Mirae Asset Global Investments Surpasses 1 Trillion Yen in Assets Under Management at Global X Japan

Global X Japan, the Japanese ETF management subsidiary of Mirae Asset Global Investments, has surpassed 1 trillion yen in total assets under management (AUM) just over six years since its launch, establishing itself as a leading asset manager in the Japanese ETF market.

On July 13, Mirae Asset Global Investments announced that as of the end of June, Global X Japan's total AUM reached 1.14 trillion yen (approximately 10.9 trillion won). Since first reaching the 1 trillion yen milestone on May 22, Global X Japan has continued to see steady inflows of global investment, maintaining an upward trend.

Global X Japan, established in 2019, is Japan's first ETF-dedicated asset management company. By consistently introducing innovative products in areas such as artificial intelligence (AI), semiconductors, and covered calls, the company has rapidly expanded within the Japanese ETF market. Over the past three years, its AUM has increased by approximately 7.5 times, with a three-year compound annual growth rate (CAGR) of 89.7%.

This achievement is particularly significant considering the structure of the Japanese ETF market, where the Bank of Japan (BOJ) holds a large share. Despite these market conditions, Global X Japan has continued to expand its investor base and maintain growth by focusing on differentiated thematic ETFs and income-oriented ETFs.

The key drivers behind this growth include a "killer product" strategy that proactively addresses evolving investor demand and a sales strategy leveraging various distribution channels. Since launching its first ETF in 2020, Global X Japan has listed an average of 12 new ETFs per year, resulting in a lineup of 71 products as of the end of June.

Recently, Global X Japan introduced the "Global X Nasdaq 100 Daily Covered Call ETF" to the Japanese market, which invests in the "TIGER US Nasdaq 100 Target Daily Covered Call ETF," a product that has garnered significant attention in Korea. This marks the first time a feeder product based on the TIGER series has been launched overseas. On its first day of listing, about 14 billion won worth was sold, and within just over two months of listing, its net assets exceeded $200 million.

The flagship product, "Global X Japan Global Leaders ESG ETF," invests in leading Japanese companies with a high proportion of global sales and continues to attract steady capital inflows based on demand for Japanese export companies. The "Global X Japan Semiconductor ETF" is a key thematic ETF that invests across the Japanese semiconductor value chain, establishing itself as a major growth engine for Global X Japan amid the AI and semiconductor investment cycle.

The expansion of ETF investment demand at online securities firms following the introduction of Japan's "new NISA" (Nippon Individual Savings Account) tax-free investment system in 2024 also contributed to this growth. So far this year, the total net inflow into the Japanese ETF market has been around $2.7 billion, with Global X Japan alone recording a net inflow of approximately $1.5 billion, underscoring its market presence.

Buoyed by this rapid external growth, Global X Japan recently achieved its first full-year operating profit since its establishment, based on the Japanese fiscal year.

Seiji Nakata, Chairman of Daiwa Securities Group, a local partner, said, "The establishment of Global X Japan was made possible by Chairman Hyun Joo Park's foresight in recognizing the potential of the Japanese ETF market ahead of others and by Mirae Asset's bold decision to collaborate. Achieving 1 trillion yen in AUM is a remarkable milestone, and I look forward to seeing Global X Japan grow into Japan's leading ETF asset manager."

Kim Younghwan, Head of Global Business at Mirae Asset Global Investments, commented, "The growth of Global X Japan is a prime example of how Mirae Asset's differentiated product philosophy can be combined with Daiwa Securities Group's expertise in the Japanese market. Going forward, we will continue to deliver differentiated killer products by combining local expertise in each region with Mirae Asset's ETF capabilities."

Mirae Asset Global Investments operates its ETF business in 18 regions worldwide, including Korea, the United States, Canada, Australia, Japan, and Europe. As of the end of May, its global ETF AUM stands at 428 trillion won, ranking it 11th among global ETF asset managers. Global X Japan continues to expand localized product development and differentiated investment solutions in the Japanese market.

This content was produced with the assistance of AI translation services.