MIRAE ASSETâS JOOHEE AN WINS CITYWIRE BEST ASIA-EX JAPAN EQUITY FUNDMANAGER IN SINGAPORE AND HONG KONG
Press Release on behalf of Mirae Asset Global Investments:
MIRAE ASSET’S JOOHEE AN WINS CITYWIRE BEST ASIA-EX JAPAN EQUITY FUND
MANAGER IN SINGAPORE AND HONG KONG
(01 April 2015, LONDON) Joohee An, a Senior Portfolio Manager at Mirae Asset Global Investments (Hong Kong), the Asian emerging market equity specialist with $65Bn in assets under management, has been awarded the Citywire award for Best Asia ex-Japan Equity Fund Manager in both Singapore and Hong Kong.
The inaugural Citywire Asia awards, which was held in Singapore (10 March) and Hong Kong (12 March), honour the best performing fund groups and individuals based on Citywire’s unique fund manager database. At the awards, Citywire showcased the top five fund groups and managers for each of the six bond and equity sectors in their respective countries. Fund manager awards were handed out to individuals who have delivered the highest positive alpha across all funds that they run in the sector over the last three years, while group awards were presented to asset management companies with the best group performance over the last seven years. Both events were attended by an array of the region’s top fund managers and fund selectors.
Joohee An, who is Citywire AA-rated, scooped up both awards due to the outstanding performance of her primary fund, the Asia Great Consumer Equity Fund, which also has a 4 star Morning Star rating. The fund is built around the rise of a consumer class in emerging markets, in particular Asia ex-Japan. Investments are only made in Asian companies, these are companies that are domiciled or exercise a large portion of their economic activity in the Asia ex-Japan region. The fund is high conviction, with only 29 names and isn’t restricted by defined sector/country allocations. This approach is beneficial given the ever growing need to approach emerging markets selectively as a result of the increasing decoupling between economies and sectors. The portfolio is geared heavily towards Chinese and Indian equities.
Ashley Dale, Chief Marketing Officer of Mirae Asset said:
“Joohee has achieved unparalleled and consistently imperious performance across her portfolios for a number of years. Citywire’s recognition of this through its awards format is excellent and underlines her credentials as one of the strongest managers in the region. Rahul Chadha also present in the 5 person shortlist for the awards further illustrates the Mirae Asset Global Investments expertise in emerging market equities.”
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About Mirae Asset Global Investments Group
Since 1997, Mirae Asset Global Investments Group has become one of Asia's largest independent asset managers and the world’s largest active investors in emerging market equities1. Globally, the Group has in excess of US$65 billion of assets under management (as of 31 January 2015) across a diversified platform to offer market-leading investment services and solutions in traditional equity and fixed income products, ETFs and alternative strategies, such as real estate, private equity and hedge funds.
Headquartered in Korea, the Group has a presence in 12 countries worldwide, including Australia, Brazil, Canada, China, Colombia, Hong Kong, India, Korea, Taiwan, United Kingdom, USA and Vietnam. The Group includes over 120 investment professionals dedicated to asset management in Asia and other emerging markets.
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