Home etfexpress.com Global X to launch in Europe

Global X to launch in Europe

Global X to launch in Europe

Morganne Delledonne, Global X

Mirae Asset’s Global X, the New York based provider of ETFs, is to launch in Europe, with the hire of Rob Oliver from JP Morgan as Head of Business Development for Global X ETFs in Europe and Morgane Delledonne (pictured) from BMO Global Asset Management, as Director of Research.

Oliver will be responsible for leading the firm’s UCITS ETF distribution efforts across the continent, while Delledonne will be responsible for promoting the firm’s investment insights across Europe. 

Global X, known for its thematic growth, income, and international access strategies, will aim to bring its investment solutions to a European audience of investors via UCITS ETFs. The firm plans to roll out ‘several investment strategies’ in the coming months.

“For over a decade, we have provided investors with intelligent investment strategies, particularly those that serve to enhance growth through thematic investments or boost income through alternative sources,” says Luis Berruga, CEO at Global X. “These strategies have been exceptionally well-received around the world, particularly in Europe, making our decision to launch a UCITS ETF offering a clear next step in our growth. We’re thrilled to work closely with Morgane, Rob, and our extended global team, and look forward to expanding our innovative solutions to European audiences.” 

The European expansion is the latest in a series of achievements for Global X ETFs, which has seen a 50 per cent growth in assets under management in the last 12 months to over USD18 billion.

In 2018, Global X ETFs was acquired by Mirae Asset, which has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, and Korea with over USD50 billion in assets under management.

“There couldn’t be a more exciting time to join Global X and expand the firm’s reach into Europe,” says Oliver. “In 2019, the European ETF market surpassed EUR100 billion in net inflows for the first time. There’s immense growth in the adoption of ETFs in Europe, providing an exciting opportunity for us to provide this burgeoning market with the rigorously researched strategies and unique exposures that Global X has become known for.” 

Author Profile
Beverly Chandler
Employee title
Managing Editor

newETFs.io respects the hard work of others and gives all credit to the remarkable folks at ETFexpress.com. This excerpt/article was pulled from their RSS feed; click here to view the original. Please note that on occasion, the RSS feed will not have the author. When this happens this site defaults the author to "News". Make no mistake, this excerpt/article was not created by newETFs.io, it was simply shared with you.