HANetf Assets Smash $50 Million Threshold
- HANetf Assets Under Management hits $51m
-
Pioneering platform to break down barriers to European ETF
market entry
-
Double-digit YTD returns across all funds
London,
June 27, 2019 - HANetf, Europe’s
first independent ‘white label’ UCITS ETF issuer, confirms that total AUM for
on-platform ETFs has reached $51 million, driven by significant investor
inflows and performance-based growth, bringing YTD asset growth on the platform
to 768%.
This milestone represents another
significant achievement for the HANetf platform that launched its first product
in the 4th quarter of 2018 & started the business in 2017. HANetf’s
objective is to provide a full white label issuance, operational, regulatory,
distribution and marketing turn-key solution for asset managers who want to
successfully launch and manage UCITS ETFs. Founded by two of Europe’s leading
ETF pioneers, Nik Bienkowski, and Hector McNeil, HANetf has delivered a number
of industry-changing innovations, including:
- The launch of the first and only independent full service white-label
ETF platform in Europe
- The first UCITS ETF launched through a white-label platform (EMQQ Emerging
Markets Internet & Ecommerce UCITS ETF)
- The first middle eastern asset manager to sponsor a UCITS ETF (KMEFIC)
- The launch of the world’s only pure-play Kuwait ETF (KMEFIC FTSE Kuwait
Equity UCITS ETF)
- Europe’s first dedicated Cloud Computing ETF
HANetf
currently has 3 asset management clients and 5 ETFs but has an end goal to be a
major European ETF player with ETFs covering all asset classes - a panel for
world leading managers providing unique investment IP & content in ETF
form. One of the major hurdles to establishing a successful ETF business is to generate
AUM growth in new funds. The breaking of the $50m barrier in such a short time
period is a great indicator that HANetf distribution & marketing is highly
effective. HANetf is currently in conversations with over 300 asset managers
globally about entering the European UCITS ETF space.
Hector McNeil, co-Founder and co-CEO HANetf,
said: "We are
delighted to have reached this important milestone, which demonstrates the
unique power of the HANetf platform. Prior to the advent of HANetf, new ETF
issuers have struggled to enter Europe due to the cost and complexity of establishing
an ETF business from scratch. By providing a full regulatory and operational
infrastructure, HANetf is enabling asset managers to leverage the disruptive
distribution potential of ETFs to reach new types of investors in new markets
with new or added value investment concepts.
The HANetf
team has over 150 years of experience in ETFs and we have built, and are
growing, one of the most formidable and knowledgeable ETF sales and
distribution teams in the market, supported by a sophisticated digital
marketing platform that gives our clients immediate reach, scale and value and
enables them to compete and win against established providers.
The European
ETF industry is growing rapidly and continues to see consistent inflows even as
investors withdraw money from traditional funds. We see significant room for
European assets to exceed $2 trillion in the near future and HANetf will be
part of this growth story, providing innovative ETFs for modern
portfolios.”
Organic
growth in on-platform funds has also contributed to the growth in assets, year
to date performance ranging from 14%-23%.
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