Finding The Next Samsung

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Finding The Next Samsung

If imitation is the sincerest form of flattery, then Joohee An, fund manager for Korea’s Mirae Asset Global Investments, should be pleased. She’s the co-portfolio manager for Mirae’s Emerging Markets Great Consumer Fund (MICGX) with Jose Morales and the sole fund manager for the Asia Great Consumer Fund (MGCIX). The funds were launched in 2010 as the first such “sector” funds available to retail investors in the U.S.Now that investors are piling back into stocks and emerging markets seem to have bottomed, WisdomTree announced that it was launching a new ETF called the WisdomTree Emerging Markets Consumer Growth Fund (EMCG). More funds are coming.

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