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Mirae Asset to Set Up EFT Manager in Latin America
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Mirae Asset Global Investments Co. said Friday it has agreed with a Colombian brokerage to establish a joint venture in an effort to tap the exchange-traded funds (ETFs) market in Latin America.

Under the deal, Mirae Asset Global Investments will hold 80 percent of the joint venture, named HorizonsETFs (LatAm), with its Colombian partner InterBolsa owning the remaining stake, the South Korean company said.

Source Text


Source: Yonhap News (Oct. 26, 2012)

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