Korean fund house Mirae Asset Global Investments has formed a tie-up with Bloomberg to collaborate in data and technology.

Mirae Asset Global Investments and Bloomberg have signed a memorandum of understanding for strategic collaboration, according to a statement. The financial data firm will provide tailored solutions to support Mirae Assets’ investment offering and also explore additional areas of collaboration including digital transformation, data solutions and innovation.

«The growing scale of our business is in constant demand of integrated technologies and high-quality data solutions,» said Young Kim, Mirae Asset chief officer. «We look forward to collaborating with Bloomberg as we fully utilize the expertise of both parties to help investors from different parts of the world achieve their long-term objectives.» 

Headquartered in Seoul, Mirae Asset Global Investments serves clients in over 50 countries. As of 30 June 2023, it has over $214 billion in assets under management.