Mirae Asset makes hires on back of Sicav growth

Hiring fund managersAsian emerging markets equity specialist Mirae Asset Global Investments is aiming to build on inflows to its Sicav funds by adding sales people in London and Hong Kong.

Mirae Asset has over $70 billion (€61.8 billion) in assets under management and its Sicav range grew more than 65% in the first quarter of 2015.

The firm’s chief executive in Hong Kong, Jung Ho Rhee, discussed the firm’s growth with Funds Europe in April.

Building on this expansion, Olivier Mampouya is joining the London sales team, while Eldora Wong joins the sales team in Hong Kong.

Mampouya will work alongside head of UK sales, Nic Jones, who has previously worked in business development at fund managers including Schroders and Fidelity.

Wong will join the Hong Kong team as a sales director for institutional clients. She previously worked at Robeco in institutional business development.

Mampouya and Wong will target a range of institutional, wealth management, funds of funds and private bank clients.

The two hires follow the appointment of Sander Van Ouwerkerk as head of Benelux and Nordic sales in February 2015.

Further expansion is planned this year, with new hires likely in both Europe and globally.

©2015 funds europe