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Mirae Asset ETF subsidiary enters European market 

european_etfsNew York-based ETF provider Global X ETFs has entered the European market and made senior hires.

The firm, which is owned by South Korea’s large financial services firm Mirae Asset, is to roll out several investment strategies for European investors over the coming months - including two within the next several weeks - and has hired Rob Oliver, formerly at JP Morgan, to lead the firm’s ETF distribution as head of business development. 

At JP Morgan, Oliver was most recently global head of beta and systemic strategies within the global wealth management business. 

The firm’s director of research is Morgane Delledonne, who was previously an ETF investment specialist at BMO Global Asset Management. 

Delledone will promote the firm’s investment insights and provide market analysis. 

Over the last 12 months, Global X ETF has seen its assets under management grow by around 50% to $18 billion (€14.8 billion), the firm said.

Mirae Asset acquired Global X ETF in 2018 and Oliver and Delledonne will be based in Mirae’s European headquarters in London. 

Five to six additional hires are also expected to be announced in the next several weeks. 

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