Global X ETFs
Global X ETFs is a New York-based provider of global exchange-traded funds. Founded in 2008, it has approximately $12.1 billion in managed assets, across more than 70 different products.[1] In July 2018, the company was acquired by Mirae Asset Global Investments.
Private company | |
Industry | Investment management |
Founded | New York, NY, U.S. (2008) |
Headquarters | New York, NY, U.S. |
Products | Exchange-traded funds (ETFs) |
AUM | ~$12.1 billion (July 2020) |
Website | www |
History
Global X was established in 2008 and brought to market its first ETF in February 2009. The firm focused on previously unexplored ETF strategies in the subsequent years, launching a range of first-to-market single-country ETFs and commodity funds. In 2011, the firm introduced its first global dividend product, a strategy which it has subsequently adapted to U.S. equities, preferreds, REITs, emerging markets, alternatives, and most recently, EAFE equities.
Global X was also an early proponent of thematic investing, launching its first thematic ETF in 2010, targeting companies that offered exposure to the lithium cycle. The firm has since launched a range of additional strategies providing access to emerging themes in areas of technology, people and demographics, and U.S. infrastructure.
Global X was acquired by Mirae Asset Global Investments on July 2018 for $488 million[2][3][4][5].
Research & Insights
In early 2016, the firm began expanding the scope of its published research, which spans the emergence of disruptive technologies, to the impact of geopolitics on developing economies, and the drivers impacting income-oriented investments.
References
- "ETF League Table As Of July 15, 2020 | ETF.com". www.etf.com. Retrieved 2020-07-15.
- Funds, Global X. "Mirae Asset Expands ETF Business with Completion of Global X Acquisition". www.prnewswire.com. Retrieved 2019-10-01.
- "Mirae completes acquisition of Global X". ETF Strategy. 2018-07-02. Retrieved 2019-10-01.
- Herald, The Korea (2018-08-28). "Mirae Asset secures foothold in overseas ETF business". www.koreaherald.com. Retrieved 2019-10-01.
- Vlastelica, Ryan. "Mirae to buy Global X, sponsor of popular robotics ETF". MarketWatch. Retrieved 2019-10-01.