INSUBCONTINENT EXCLUSIVE:
like JM Capital, Kotak and ICICI Securities.
The Indian operations of Mirae Asset Capital Markets India will be headed by Benedict Ryu, and
supported by Aditya Loonkar, a former senior executive of Investec, and Anshul Mittal, a former senior executive from Tata Capital
Loonkar, who was heading fixed income at Investec and Mittal, who was heading MA advisory at Tata Capital, will be co-heads of investment
Prior to this, Benedict Ryu was in charge of Indonesian capital markets for Mirae Asset.
A spokesperson for Mirae Asset Capital refused to
Mirae group already operates an asset management arm in the country since 2007 which is ranked 20th in the 42-player industry with assets
under management of Rs 16,000 crore
Globally, it has presence in Australia, Brazil, Canada, China, Colombia, Hong Kong, India, Korea, Mongolia, Singapore, Taiwan, the UK, the
