Mirae Asset (USA) Appoints Vincent J. León as National Sales Manager

July 20, 2010
New York

Mirae Asset Global Investments (USA) LLC , a unit of emerging market expert Mirae Asset Global Investments (Hong Kong) Ltd., announced today that Vincent J. León, AAMS®, has joined the firm in the newly created position of National Sales Manager.

Mirae Asset has over $57 billion in assets under management, of which $36 billion is invested in emerging markets equities, making it one of the largest emerging markets equity investors worldwide. As National Sales Manager, Mr. León will help drive the firm's expansion into the U.S. retail market, building its strategic accounts and sales teams to bring Mirae Asset's planned suite of emerging markets products to retail investors through financial intermediaries. With the addition of Mr. León as National Sales Manager, Mirae Asset (USA) has added depth to its senior sales team, with Timothy Hill continuing as Head of North American Sales. "Vince is a proven sales executive with experience in serving wirehouses and banks, as well as regional brokerdealers and independent advisor," said Jay (Hun Jun) Jang, President and CEO of Mirae Asset (USA). "As the appetite for emerging markets investment continues to grow, we are building our U.S. sales and marketing organization to deliver Mirae Asset's focused expertise in emerging markets investing to U.S. investors."

Mr. León joins Mirae Asset (USA) with over 13 years of industry experience, most recently at GE Asset Management. While at GE Asset Management, Mr. León held roles as Regional Sales Director and Head of Internal Sales and Service. Previously, he spent eight years in a series of progressively senior sales positions at Legg Mason Asset Management.

Mr. León has earned the Accredited Asset Management SpecialistSM (AAMS®) designation and holds a B.S. in Business Administration from Manhattan College.

Mirae Asset Global Investments (USA) LLC
Established in 2008, Mirae Asset Global Investments (USA) LLC (www.miraeasset.com) is a registered investment advisor focused on providing investors with access to emerging markets investment expertise in both the institutional and retail markets.

Founded in 1997, Mirae Asset Global Investments is one of the largest asset management firms in Korea with over 160 emerging market investment professionals working in key markets including Brazil, China, Hong Kong, India, Korea, the U.K., the U.S. and Vietnam. The firm is one of the largest emerging markets managers globally with over $57 billion in assets under management, as of March 31, 2010.


Contact:

John McInerney
Makovsky + Company
jmcinerney@makovsky.com
(212) 508-9628