Mirae Asset Global Investments, a Korea-based investment manager with USD218bn AuM, has appointed Citi Australia as provider of custody and fund administration services for its Australian traditional fund business.
Kris Walesby, CEO, Mirae Asset Australia said: “We are delighted to partner with a highly experienced partner such as Citi as we strategically look at growth in Australia. Mirae Asset Global Investments works closely with Citi in a number of markets globally, and we look forward to their support and enhanced infrastructure further enabling us to provide a quality experience for current and future investors in Australia.”