Mirae Asset Global Investments (USA) LLC, or Mirae Asset USA, the investment advisor for the Mirae Asset Discovery Funds, has announced that it has hired four new wholesalers to help drive mutual fund growth in the United States, according to PR Newswire.
Mirae Asset USA manages over US$ 5.3 billion in equity and fixed income assets. Its mutual fund products, such as the Emerging Markets Great Consumer Fund and the Asia Great Consumer Fund, focus on Asia-centric strategies that leverage Mirae Asset USA’s emerging market heritage and on-the-ground presence to deliver high-conviction portfolios and quality long-term performance for investors in the United States.
«At Mirae Asset USA, we add more to our advisor relationships by providing them with a consultative sales process and resource for emerging markets expertise that the advisory community can rely upon,» said John Capeci, Head of National Accounts and Mutual Fund Sales at Mirae Asset USA. «Our new wholesalers are instrumental in ensuring we maintain that standard as well as achieve our growth objectives in the U.S. through increased sales and distribution.»
Additions to the mutual fund sales team include:
Adam Young joins as a Regional Vice President and Emerging Markets Specialist for Texas and Oklahoma. Before joining Mirae Asset USA, he provided advisor coverage for South Texas and Southern California as an Internal Sales Consultant at Invesco. Mr. Young is a graduate of the University of Houston and is a Certified Financial Planner.
Brian Malizia joins as a Regional Vice President and Emerging Markets Specialist for Illinois, Wisconsin and Indiana. Mr. Malizia joins Mirae Asset USA from Alpine Woods Capital Investors, where he was responsible for covering financial advisory clients in the greater Chicago area. He is a graduate of Xavier University.
Patrick Przybylowski joins as an Internal Wholesaler for Northern California and New Jersey. Most recently Mr. Przybylowski worked as an Internal Wholesaler for KBS Capital Markets Group LLC and has seven years of industry experience. He is a graduate of Franklin and Marshall College.
Timothy Spelman joins as an Internal Wholesaler for the New York Metro area and Southwest region. Mr. Spelman has nine years of industry experience and previously served as an Associate Sales Director at Third Avenue Management. He is a graduate of The Catholic University of America.
The external wholesalers report to John Capeci. The internal wholesalers report to John Whitaker, Regional Vice President and Emerging Markets Specialist for Ohio and Michigan, who adds to his responsibilities the role of Sales Desk Manager for the firm’s newly-formed internal sales desk.
These hires add to the recent additions to the U.S. sales team of Tony Matheson, who serves as Regional Vice President and Emerging Markets Specialist for Northern California, Washington, Oregon and Northern Nevada, William Clinton, who serves as Regional Vice President and Emerging Markets Specialist for New Jersey, Pennsylvania and Delaware, and Christopher Begbie, who serves as the Regional Vice President and Emerging Markets Specialist for Maryland, Virginia and North Carolina.
Mirae Asset USA’s sales team now consists of 10 external wholesalers, three internal wholesales and one client portfolio manager.
Mirae Asset Global Investments is one of the world’s largest investment managers in emerging market equities according to Investment & Pensions Europe. With over 600 employees, of which 123 are dedicated investment professionals, Mirae Asset offers a breadth of emerging markets expertise from its offices in Australia, Brazil, Canada, China, Colombia, Hong Kong, India, Korea, Taiwan, the U.K., the U.S., and Vietnam. The firm manages over US$ 75 billion in assets globally, of which more than US$ 16 billion is invested in emerging market equities as of June 30th, 2015.