In the Margins

Mirae to acquire Global X

February 16, 2018

By MarketWatch

Mirae Asset Global Investments will buy Global X Funds for an undisclosed sum. Global X, which is best known for its “thematic” exchange-traded funds that track fast-growing sub-sectors of major industries, has about $10 billion in assets across its 52 ETFs. Globally, it is the 32nd-largest ETF provider by assets, according to Morningstar Direct; it has 0.2% of the industry’s market share. Read the original story from MarketWatch.

 

 

Most Read

Top of the Agenda - Governance
Q&A: Converting open-end funds to ETFs

Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...