Emerging Markets Firm Appoints Three Execs in U.S.

Mirae Asset USA has named Peter P. Graham chief executive officer; Robert P. Mulligan, president; and Robert E. Shea, chief operating officer.

Graham and Mulligan assume the positions previously held by Joon Kwun, who is relocating to Seoul to assume a senior management position leading the firm’s business development initiatives in Asia.

As chief executive of Mirae Asset USA, Graham will retain his role as president of the Mirae Asset Discovery Funds and continue as head of marketing and product development. First recruited to Mirae Asset Global Investments (MAGI’s) U.S. business in 2009, he spearheaded the firm’s entry into the U.S. mutual fund market and built out its U.S. product line and marketing initiatives.

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In addition to his new position as president of Mirae Asset USA, Mulligan continues his responsibilities as head of sales and distribution, leading the firm’s U.S. retail and institutional efforts. He was recruited by Mirae Asset USA in 2010 as head of strategic relationships to develop the firm’s retail distribution network. He was named head of retail sales and distribution in early 2012 and assumed the role of head of sales and distribution later last year.

Shea takes on the role of chief operating officer of Mirae Asset USA. He joined the firm in 2009 as head of finance and operations, with responsibilities overseeing U.S. office and business infrastructures.

Mirae Asset USA, which manages over $4.6 billion in equity and fixed income assets, is the U.S. subsidiary of the South Korean firm. MAGI is an investment manager in emerging markets equities.

Man Group Hires U.S. Consultant Relations Head

Anne Lundberg has been named U.S. consultant relations head of Man Group, an alternative investment manager.

Lundberg will report to Jenny Morton, head of global consultant relations, and Lance Donenberg, head of sales for North America. She will work with the firm’s U.S. and global teams in serving U.S. consultants and their clients.

 Lundberg was previously with Putnam Investments, where she was a director of consultant relations, responsible for managing relationships with investment consultants in the Midwest and western regions of the country. Before joining Putnam in 2008, she worked for William Blair & Company and before that, she was with Capital Guardian Trust Company from 1993 to 2007.

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Lundberg holds a bachelor’s degree in English literature from the University of Northern Iowa and a master’s of business administration from the University of  Chicago Booth School of Business. She is vice president of Women Investment Professionals (WIP), an organization that supports women in the institutional investment community through networking and educational events.

Man Group is a global, independent asset manager in New York.

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