Mirae Asset Global Investments Group has appointed of Karl Waltré as Head of the Nordic region.
As part of the firm’s expansion strategy in Europe, Waltré will take over responsibility for Mirae Asset’s existing clients in the Nordic region and will seek to develop new business in the wholesale and retail channels. A Swedish national, he will be based in London and report to Elliot Berman, Head of Sales.
Waltré joins Mirae Asset from Aviva Investors where, as Business Development Director, he was responsible for building relationships and managing sales with financial institutions, institutional clients and consultants in the Nordic countries and Baltic States. Prior to this, he was at Russell Investment Group, where he was responsible for analysing the underlying investments in their Emerging Markets and Asian equity portfolios and reporting on market events. He also had responsibility for communications with the Benelux and Asian client bases.
Elliot Berman, Mirae Asset’s head of sales for EMEA, says: “We are delighted to welcome Karl to the team. He brings a wealth of experience in the Nordic region at a time when there is a strong appetite amongst investors to take advantage of the high quality opportunities offered by emerging markets. Karl will play a key role in expanding our range of investors in this region.”
Karl’s appointment follows the arrival of Betina Tomić to take responsibility for German-speaking Europe earlier this year.
Since its establishment in 1997, Mirae Asset Global Investments has grown to become one of Asia’s largest independent asset managers and one of the world’s largest equity investors in Global Emerging Markets. Globally, the firm recorded USD 55.3 billion of assets under management as of 31 July 2011. The European fund range was launched in July 2008. Currently, the Mirae Asset Global Discovery Fund SICAV comprises six Asia and Emerging Market-focused sub-funds that are available to investors in the UK and Europe.
