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Mirae Asset to base global trading headquarters in Dublin

Collected: 2017.06.28

Distributed: 2017.06.29

Source: Go Direct

South Korea’s Mirae Asset Financial Group will establish its global trading headquarters in Dublin by moving most of its top staff scattered across major financial cities, and the first target for its campaign to expand global footprint would be a European exchange-trade provider, said the group chairman Park Hyeon-joo.

“We will set up a global trading center in Dublin this year to move onto the advanced market for a new chapter in our 20th anniversary of founding,” said Park in an interview with Maeil Business Newspaper on Tuesday.

The country’s top securities company, one of the biggest investors in emerging market equities that oversees assets of $100 billion across the globe, has been searching for a location for its global trading headquarters in the U.S. and Europe.

The company is planning to buy an office building in the financial district of Dublin for the headquarters to house starting staff of about 20.

The office also would aggressively seek mergers and acquisitions starting with a Europe-based ETF firm, Park said without naming a specific company.

By Han Ye-kyung and Kang Doo-soon

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