Mirae Asset Financial Group () is a financial services group headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance. Mirae Asset was founded by Hyeon Joo Park in 1997 and introduced the very first mutual funds to Korean retail investors in 1998. On a global consolidated basis, total group’s client assets exceed US$550 billion (as of December, 2020). Mirae Asset has global presence in Australia, Brazil, Canada, Mainland China, Hong Kong, Colombia, India, Indonesia, Japan, Korea, Mongolia, Singapore, the United Kingdom, United States and Vietnam. Harvard Business School selected Mirae Asset Financial Group as its first Asian financial company case study in 2010, under the title “Mirae Asset: Korea’s Mutual Fund Pioneer". Seoul National University also selected Mirae Asset Financial Group as one of their case studies, "Mirae Asset: A Disruptive Innovator in the Korean Financial Industry", which is listed by The Case Centre case method clearinghouse. History Foundation of Mirae Asset Financial Group Park Hyeon-Joo founded Mirae Asset Global Investments and Mirae Asset Capital in June 1997. Within 6 months after the foundation, Mirae Asset suffered from 1997 financial crisis of South Korea, however, showed a tremendous investment performance by believing in South Korea's economy to rebound with contrary investment insights where Park is notable for his adherence to long-term and value investing. In December 1998, Park launched the first retail mutual fund, “Park Hyeon Joo No.1” in South Korea and The Journal of Investment & Pension described that this fund was a great success. Mergers and acquisitions of Mirae Asset Financial Group Park has grown Mirae Asset Financial Group into an independent financial conglomerate in South Korea by successfully acquiring a number of financial companies with his contrary investment philosophy and insights. 2004.02 Acquired SK Investment Trust Company, an affiliates of SK Group 2005.06 Acquired SK Life Insurance, an affiliates of SK Group 2011.11 Acquired Horizons ETFs, a major ETF player in Canada 2011.11 Acquired BetaShares, a major ETF player in Australia 2016.12 Merge and acquisition of Daewoo Securities and Mirae Asset Securities 2016.12 Acquired KDB asset management company, formerly owned by Korea Development Bank 2017.07 Invested Vietnamese life insurance company, PRÉVOIR 2017.12 Acquired Korea-based PCA Life Insurance 2018.07 Acquired Global X, US ETF company Global expansion and presence of Mirae Asset Financial Group Founder Park always has in mind to expand the business globally since