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Mirae gets approval for first retail fund in Hong Kong

The Mirae Asset Global Discovery Fund will be available to retail investors in Hong Kong around late-July.

Mirae Asset Global Investments (Hong Kong) has received regulatory approval from the Securities & Futures Commission to offer its first retail mutual fund in Hong Kong. The Mirae Asset Global Discovery Fund, which was incorporated in Luxembourg in April 2008 as a Sicav open-end fund, will be available to retail investors in Hong Kong around late-July.

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