Moody's raises Mirae Asset's credit outlook Posted : 2021-05-11 11:46 By Lee Min-hyung Moody's has upgraded Mirae Asset Securities' credit rating outlook to stable from negative due to expectations of the firm's improved risk management and funding capabilities. "Mirae Asset Securities' risk appetite, leverage and funding will improve because of its plans to reduce its balances of equity-linked securities, contingent liabilities, such as guarantees, and exposure to real-estate properties and projects," the global ratings agency said Tuesday. It also noted that the Seoul-based securities firm would be able to slow down the growth of its risky assets as a result of various regulatory measures implemented by the Financial Supervisory Service and Financial Services Commission.