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Mirae's Global X ETFs brings two new funds to London

Published: 21 Dec. 2020, 17:51

Global X ETFs' two new products listed on the London Stock Exchange. [MIRAE ASSET GLOBAL INVESTMENTS]

Mirae Asset Global Investments said Monday that Global X ETFs, a U.S. fund trader wholly owned by the company, introduced its first two European-listed exchange-traded funds (ETF).

The two thematic funds — Global X Video Games & Esports UCITS ETF (HERU) and the Global X Telemedicine & Digital Health UCITS ETF (EDOC) — were listed on the London Stock Exchange on Friday.

HERU includes companies involved in the development or publishing of video games as well as distributors of video gaming and e-sports content.

EDOC offers investors exposure to companies driving advancements in telemedicine and digital health care, a sector in focus because of the coronavirus pandemic.

With the latest listing, the Seoul-based Mirae Asset Global Investments has listed ETFs across five continents: Asia, North and South America, Australia and Europe.

The Korean asset manager manages ETFs worth 60 trillion won ($54.4 billion) in 10 countries including Korea, the United States and Hong Kong, as of the end of last month, the company said.

Global X ETFs was acquired by the Seoul company in 2018.

BY KIM JEE-HEE [[email protected]]