SEOUL, July 18 (UPI) — South Korea’s Mirae Asset Global Investments said Friday that the company currently manages more than $300 billion in assets, with nearly half of its portfolio managed internationally.

The Seoul-based firm noted that its assets under management amounted to $306.3 billion as of the end of June. This means that the figure jumped by more than $50 billion in the first half of this year, up from $256.1 billion last December.

Of the total, around 45% is managed in global markets, including the United States, the United Kingdom, Japan, India, Vietnam and Brazil.

Mirae Asset said that its exchange-traded fund business supported the solid growth, with the segment’s assets under management standing at $150 billion as of June. In particular, the firm relied on inorganic strategies to expand into overseas ETF markets.

An ETF is a financial instrument designed to track the movements of an index, similar to index funds. It is considered a low-risk investment thanks to its diversified structure, low management fees, and transparent pricing.

London-headquartered research firm ETFGI reported Thursday that assets invested in the ETF industry globally rose by $2.14 trillion in the first half of 2025, reaching a record of $16.99 trillion at the end of June.

The market is expected to approach $30 trillion by 2029.

“Mirae Asset leverages its strong global network, which is active across the world, to carry out global asset allocation and has the capability to utilize a wide range of investment tools,” Mirae Asset’s Kim Young-hwan said in a statement. He leads the corporation’s global business.