Mirae Asset Global Investments (Mirae Asset), Hong Kong, has appointed Ashley Dale as chief marketing officer to oversee the growth and development of its sales and marketing operations in Asia Pacific, Europe and the Middle East.
Dale has more than 18 years’ experience in emerging market equities. In this role, he will build upon the current distribution activities of Mirae Asset’s cross-border mutual fund products, including the Luxembourg-domiciled Mirae Asset Global Discovery Fund, which is registered in over 11 countries worldwide.
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In addition, Dale will be working closely with Mirae Asset’s ETF (Exchange Traded Funds) Division to play a key role in the sales and marketing of the Hong Kong-listed Horizon Exchange Traded Funds Series of products.
"Ashley’s appointment comes at an exciting time for Mirae Asset. We have successfully broadened our offering of investment solutions and continued to build on the Mirae Asset brand. Ashley’s vast experience and knowledge will be a key driver for our global sales and marketing development," said Jung Ho Rhee, the CEO of Mirae Asset.
The appointment of a new chief marketing officer comes as Mirae Asset and its parent Mirae Asset Global Investments Group anticipate rising global demand for its broad range of products. The Group’s collective assets under management have steadily risen to exceed US$57 billion as of April 2013.
The Group has also made key hires around the world to enhance its global workforce of almost 600 employees and a dedicated team of over 130 investment professionals worldwide. The Group has operations in 12 countries worldwide, covering the Americas, Europe and the Asia Pacific, and has established itself as one of the world’s largest emerging markets-dedicated fund management groups.
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By GlobalDataDale added, "I will be working with a team that offers investors an extensive range of investment capabilities focused on emerging markets. I look forward to developing further the strengths stemming from our Asian roots and deep understanding of the cultures and investment dynamics of the markets in which we invest".
Mirae Asset’s anticipation of further growth follows the continued success of its flagship range of great consumer and sector leader funds, as well as recent fund launches including dividend, consumer and fixed income funds covering Asia Pacific and the emerging markets.
Furthermore, it will launch two additional ETFs on the Hong Kong Stock Exchange, tracking the popular MSCI China Index and the newly launched Hang Seng High Dividend Yield Index.
Dale’s appointment also follows a number of other recent hires in the Hong Kong office. Most notably, these include head of ETF, as well as a wider number of positions at both senior and junior levels.
