HANetf, Europe’s first ‘white label’ ETF issuer, confirmed that it has exceeded $500 Million and is now $509 million in AUM as of 27TH July 2020. This milestone was fueled by 600% growth in assets over the last 6 months.
Founded in 2017 by ETF industry pioneers Hector McNeil and Nik Bienkowski, HANetf was built to reduce the barriers to entry to the European ETF market, by providing a full operational, regulatory, distribution and marketing solution for asset managers who want to successfully launch and manage ETFs and ETPs.
The first ETF launched on the HANetf platform was EMQQ – The Emerging Markets Internet & Ecommerce UCITS ETF – which recently blew through the $100m AUM threshold. The fund has been one of the world’s best performing emerging market focussed ETFs of 2020, delivering a 47% return over the last 12 months.
The largest fund on the HANetf platform, The Royal Mint Physical Gold ETC (RMAU), has seen huge growth as investors flock to physical gold as a ‘safe haven’ in the face of COVID-19 market uncertainty.
HANetf currently has six asset management clients and eight ETFs/ETCs and is in discussion with over 50 other managers about entering the European UCITS exchange traded product space. HANetf expects this to accelerate as more traditional asset managers see the benefits of the ETF wrapper and as investment strategies multiply to include thematics, niche, smart beta and active strategies.
“We’re proud to have hit another significant milestone so rapidly. The appetite for ETFs grows stronger every day as investors are placing higher value on products that offer great exposures with the added benefits of cost-effectiveness and liquidity. This, in turn, is drawing more asset managers into the ETF space and they seek to tap into the immensely effective distribution power of ETFs.
Nik Bienkowski, Co-founder and co-CEO
