Home / Launches / Mirae bulks up to drive Australian expansion

Mirae bulks up to drive Australian expansion


Mirae Asset Global Investments, a global investment manager with over $280 billion in assets under management, has announced the appointment of Kris Walesby as the CEO for its Australian operations. 

  • In addition to Walesby’s appointment, Oliver Reynolds also joins Mirae Asset Global Investments as the COO for the region.

    Both these senior appointments are seen as investments in Mirae’s strategic decision to expand and grow its business in the booming Australian market.

    Walesby joins Mirae Asset from ETF Securities, where he was previously CEO, responsible for building the business into one of Australia’s leading ETF providers.  

    Reynolds has extensive funds management experience across a range of asset managers and asset classes. He was most recently the CFO at Coolabah Capital.

    Young Kim, head of global business at Mirae Asset Global Investments, welcomed Walesby and Reynolds to the Australian team.

    “Combined with Kris’s deep knowledge and understanding of investment management sector and his successful track record in growing businesses and developing people, we look forward to his contribution towards strengthening the Australian business,” says Kim.

    Walesby says he is excited and privileged to be appointed to the new leadership position at Mirae:

    “My goal as CEO is to position the firm as the market-leading asset manager in Australia providing innovative investments. We want to be known by clients, and broader communities, for consistently providing the best-of-breed investment solutions.  With the combination of Mirae Asset’s deep fund management expertise and the local knowledge of the existing team, we hope to create a strong Australian identity,” he adds.

    The Australian business will continue to be supported by Don Gunawan as head of Australian business development. He will continue to oversee the distribution of Mirae Asset Global Investments Asia ex-Japan Equity Funds to Australian institutional and wholesale/retail investors.

    Print Article

    Higher inflation, recession more likely: Franklin Templeton

    Late July news of the Federal Reserve (Fed) increasing interest rates another 0.75% and a second negative quarter of economic growth (GDP) has created an uncertain environment for investors going forward. Adding to these concerns is China’s economic slowdown and Europe’s energy shock.  Stephen Dover, Chief Market Strategist, at the Franklin Templeton Investment Institute presents…

    Stephen Dover | 15th Aug 2022 | More
    Jones looks to shorten exam, improve ethics code

    Once the advice review is completed, the minister has asked Treasury to look at updating the ethics code and assessing the viability of a shortened adviser exam.

    Tahn Sharpe | 15th Aug 2022 | More
    AZ NGA dives into supply chain with Virtual Business Partners tie-up

    The Italian-backed group has teamed up with one of AMP’s largest advice businesses to take a major stake in the back-office services provider. It’s the first time AZ NGA has ventured beyond advice and accounting investment.

    Tahn Sharpe | 15th Aug 2022 | More
    Advisers urged to tread carefully with ‘wholesale investor’ status
    Staff Writer | 28th Jul 2022 | More
    Top hedge fund award goes to L1 Capital
    Greg Bright | 13th Dec 2021 | More
    MAX Award winners and the new world outside
    Greg Bright | 13th Jun 2022 | More
    INDepth with Andrew Lockhart from Metrics Credit Partners
    The Inside Adviser | 30th Jun 2022 | More