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DEEP RESEARCH · MIRAE ASSET SECURITIES

Mirae Asset Securities Vice Chairman Heo Sun-ho Interview — Why I Listen for Allocation Ideas Beyond the U.S.

A brief observation note on an interview about cracks in U.S.-centric investing and opportunities in China and India

Date: 2025-05-29 · Asset allocation memo · Naver article link

You are responsible for your own investment decisions. This material is research and is not a recommendation to buy or sell.

0. Bottom line first

This is a short note preserving an interview with Mirae Asset Securities Vice Chairman Heo Sun-ho. The author writes that he always listens closely to Heo’s voice, treating him like Korea’s Howard Marks.

Linked image for the Mirae Asset Securities interview with Vice Chairman Heo Sun-ho

Official fact: The linked article card says Mirae Asset Securities argued that asset allocation should move beyond a U.S.-centered approach and seek opportunities in China and India.

Interpretation: The source body is short, but the point is not a single stock call. It is about tracking a trusted investor’s global allocation view.

1. Main topic of the interview

The linked article summary says Mirae Asset Securities sees cracks emerging in the U.S.-centered investment environment and now emphasizes finding new opportunities in China and India.

Asset allocation frameCore direction visible in the linked article card
Old centerU.S.-centered investing
Change signalCracks emerging
Alternative regionsChina and India
Follow-upListen to Heo Sun-ho’s view
A short asset allocation memo for checking how to think about opportunities outside the U.S.

2. Why I pay attention

The author says he treats Vice Chairman Heo Sun-ho’s voice as Korea’s Howard Marks and always pays attention. So this post is less a full interview analysis and more a record to keep following a trusted market observer.

PERSON

Heo Sun-ho

The author names him as a market voice he consistently listens to.

THEME

Cracks in U.S. dominance

The linked article card centers on cracks in the U.S.-led investment environment.

REGION

China and India

China and India are identified as regions where new opportunities should be sought.