NEW
YORK, July 10, 2024 /PRNewswire/ -- Global X
ETFs, the New York-based provider
of exchange-traded funds (ETFs) today announced that the firm
exceeded $50 billion in assets under
management (AUM) in the U.S.[i] This important milestone reflects
the firm's rapid ascent as a leading global ETF provider, having
grown from $10 billion in assets
under management when the firm was acquired by Mirae Asset Global
Investments in July 2018. [ii] As of July 8, the AUM has increased by over
$6 billion since the beginning of the
year, among its strongest performances in Global X's 15 year
history. [iii]
Since Global X launched its first ETF in 2009, the firm has
grown and established its expertise in Thematic Growth and Income
strategies, reflecting investor interest in the strategies. Global
X has expanded its diverse product lineup to feature more than 90
ETFs across several categories, including International, Core, and
Commodity funds. The product offerings include themes such as
artificial intelligence and evolving infrastructure needs, as well
as strategies which seek to generate income including through
covered call writing and access to high dividend paying equities.
Global X now boasts fourteen ETFs with over $1 billion in assets [iv], spanning across
Thematic Growth, Income, and Commodities strategies.[v]
"Global X has developed from a challenger to an industry leader,
driven by both our highly innovative product pipeline and through
the backing of Mirae Asset, which recognizes Global X as its
flagship ETF brand," said Ryan
O'Connor, CEO of Global X ETFs. "We have now entered another
era of innovation-driven growth, and I am honored to play a leading
role in this exciting and transformative period for the
business."
CEO Ryan O'Connor continued: "We
have an incredible team at Global X with a deep bench of talent and
industry knowledge, and this team is building out the
infrastructure to take our expansion to the next level—to
$100 billion in assets and beyond. In
an effort to achieve this growth, we remain laser-focused on
delivering for our clients in new, innovative ways to help them
reach their investment objectives."
"When I joined Global X as a Research Analyst in 2010, the firm
was a new entrant in the ETF industry with $1 billion in assets across eleven funds," said
Alex Ashby, Chief Operating Officer
at Global X ETFs. "Fast forward to today, we have now eclipsed
$50 billion in assets across 93
funds. It has been incredibly rewarding to experience our team's
growth to new heights, while prioritizing innovation and
collaboration."
About Global X ETFs
Global X ETFs was founded in 2008. For more than fifteen years,
our mission has been empowering investors with unexplored and
intelligent solutions. Our product lineup features a wide range of
ETF strategies and over $50 billion
in assets under management.[vi] While we are distinguished for our
Thematic Growth, Income and International Access ETFs, we also
offer both Core and Commodity funds to suit a wide range of
investment objectives. Explore our ETFs, research and insights, and
more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global
leader in financial services, with more than $600 billion in assets under management across 19
countries worldwide.[vii] Mirae Asset has an extensive global ETF
platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong
Kong, India, Japan, Korea, and Vietnam with over $119bn in assets under management.[viii]
US Media Contact
Ariel
Kouvaras
Sloane & Company
akouvaras@sloanepr.com
(212) 446-1884
Important Disclosures
Investing involves risk, including the possible loss of
principal.
Carefully consider the funds' investment objectives, risks,
and charges and expenses before investing. This and other
information can be found in the funds' full or summary
prospectuses, which may be obtained at globalxetfs.com. Please read
the prospectus carefully before investing.
[i] Global X, as of 7/9/2024
[ii] Mirae Asset, July 2018
https://www.prnewswire.com/news-releases/mirae-asset-expands-etf-business-with-completion-of-global-x-acquisition-300675339.html
[iii] Global X data marking second-highest pace of inflows
on record based on inflows as of 7/8/2024
[iv] Global X, as of 7/9/2024
https://www.globalxetfs.com/explore/
[v] Global X, as of 7/9/2024
https://www.globalxetfs.com/explore/
[vi] Global X, as of 7/9/2024
[vii] Mirae Asset, as of March
2024 https://www.am.miraeasset.com/about-us/
[viii] Mirae Asset, as of March 2024
https://www.am.miraeasset.com/exchange-traded-funds/
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SOURCE Global X Management Company LLC