Mirae Asset Securities (006800.KS) saw its retirement pension assets increase by about 10 trillion won in the second quarter of this year, demonstrating a commanding presence among retirement pension providers.
According to retirement pension asset disclosures from the Financial Supervisory Service (FSS) on the 27th, the entire retirement pension market's assets increased by 45.14 trillion won in the second quarter of this year. Of this, about 9.58 trillion won, or 21.2 percent, came from Mirae Asset Securities. Mirae Asset Securities was the only provider across the entire financial sector to see its assets grow by nearly 10 trillion won during this period. As a result, Mirae Asset Securities accounted for the largest share among 42 retirement pension providers.
In detail, Mirae Asset Securities' cumulative retirement pension asset growth in the first half of this year was about 14 trillion won, a 36.5 percent increase from assets at the start of the year. Asset growth in the first and second quarters was about 4 trillion won and about 10 trillion won, respectively. As of the end of June this year, Mirae Asset Securities' total pension assets (retirement pension and individual pension) were recorded at 80.81 trillion won.
Mirae Asset Securities cited its own specialized asset allocation strategy as the reason for the steep growth in the retirement pension market. The approach involves expanding the proportion of performance-based dividend products to avoid over-reliance on principal-guaranteed products, and increasing investment in high-quality domestic and overseas assets. The company explained that supporting diversified investment across various asset classes, including stocks, bonds, and mixed assets, was also a factor in securing customer trust. According to Mirae Asset Securities, retirement pension customer returns reached 24.61 trillion won as of the end of June.
In addition, the company provides asset management services such as "robo-advisor (RA)," which allows easy use of expert-designed portfolios, and "MP subscription," and is steadily expanding services to improve returns and strengthen asset allocation for pension customers. Last month, Mirae Asset Securities established a Pension Customer Value Enhancement Committee, which selects monthly investment content and investment ideas for customers, and provides customized guidance services to customers whose assets are concentrated in specific products or whose returns are underperforming.
"For customers anxious about volatile markets, we will continuously provide ways to generate stable returns through asset allocation, and we will communicate constantly with the goal of increasing customer returns as our most important objective," a Mirae Asset Securities official said.
