Mirae Asset Global Investments, one of the world’s largest investors in emerging market equities, has announced that Peter Lee CFA, Ph.D. is stepping into the role of CEO and Chief Investment Officer. Previously, Lee had been the Executive Managing Director of the Global Investment Unit for Mirae Asset Global Investments in Seoul, South Korea, leading the equity investment team from the group’s global headquarters.
In his new role, Lee will be responsible for leading Mirae Asset USA through its next stage of expansion in the US market. In addition, Lee has set a number of ambitious objectives for Mirae Asset USA, focusing on increasing flows into existing products as well as new product development.
“Mirae Asset has established itself as a true competitor in the US market on the strength and heritage of our actively managed, emerging markets focused investment capabilities,” says Lee. “Our objective is to continue building on the global strength of the Mirae Asset brand by introducing attractive products and investment options.”
Mirae Asset USA is the US-based asset management entity that delivers the investment capability of Mirae Asset, a diversified financial services entity with over $100 billion in client assets under management. Mirae Asset USA brings to US investors the client focus and investment resources available to investors in other global markets for two decades.
A veteran of Mirae Asset, Lee has held senior investment strategy and executive management roles at several global entities within the group since 2014. Lee has a Doctoral degree in Economics from the University of Illinois at Urbana-Champaign. He also holds a Master of Arts degree in economics and a Bachelor degree in economics from the Seoul National University.
Lee steps into the CEO role that had been vacated by the departure of Peter Graham.